Thorndale Volunteer Fire Dept Inc

EIN: 746062723

Thorndale, TX

Total Revenue
$354,239
Total Expenses
$257,165
Total Assets
$570,199
Net Assets
$570,199
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
TX
Phone
5128982523
Tax Period
2024-01-01 to 2024-12-31

Thorndale Volunteer Fire Dept Inc, founded in 1958, is a small nonprofit that reported $354K in total revenue in fiscal year 2024. The organization ran a surplus of $97K, a strong 27% operating margin.

Mission

To fight fires and to provide hall for community

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $315,404
Program Service Revenue $0
Investment Income $10,815
Other Revenue $28,020
TOTAL REVENUE $354,239

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $26,858
Program Expenses $168,645
Other Expenses $257,165
TOTAL EXPENSES $257,165

Year-over-Year Comparison

2024 2023 Change
Revenue $354,239 $343,578 +0.0%
Expenses $257,165 $270,740 -0.1%
Net Income $97,074 $72,838 +0.3%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Waiser President 0.00
Officer
$0 $0 $0
Glen Cepak Vice President 0.00
Officer
$0 $0 $0
Derek Daniell Secretary 0.00
Officer
$0 $0 $0
Kirk Becker Treasury 0.00
Officer
$0 $0 $0
Eric Melde Fire Chief 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $354,239 $257,165 $570,199 $97,074
2023 $343,578 $270,740 $473,535 $72,838
2022 $283,641 $197,197 $395,624 $86,444
2020 $133,684 $134,484 $233,002 $-800
2019 $295,970 $299,395 $233,892 $-3,425
2018 $268,588 $262,736 $239,449 $5,852
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