Groveton Fire Department Association (EIN 752225344) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1988

Legal Domicile

Principal Officer

Glenn Hammond JR

Tax Period

2024-01-01 to 2024-12-31

Groveton Fire Department Association, founded in 1988, is a micro nonprofit that reported $90K in total revenue in fiscal year 2024. Revenue decreased 8% compared to the prior year. The organization ran a surplus of $14K, a strong 16% operating margin.

Mission

To provide fire safety and protection to community.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $49,137

Program Service Revenue $17,612

Investment Income $17,274

Other Revenue $6,270

TOTAL REVENUE $90,293

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $75,994

Other Expenses $75,994

TOTAL EXPENSES $75,994

Year-over-Year Comparison

	2024	2023	Change
Revenue	$90,293	$97,707	-0.1%
Expenses	$75,994	$61,959	+0.2%
Net Income	$14,299	$35,748	-0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Glenn Hammond	Chief	020.00	Officer	$0	$0	$0
Donny Ramber	Asst Chief	020.00	Officer	$0	$0	$0
Nathan Gallaway	Treasurer	010.00	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	$90,293	$75,994	$750,972	$14,299
2023	$97,707	$61,959	$736,673	$35,748
2022	$485,148	$464,665	$700,925	$20,483
2021	$82,610	$81,204	$680,442	$1,406
2020	$33,727	$46,010	$679,036	$-12,283
2019	$47,177	$41,407	$691,319	$5,770
2018	$127,123	$40,819	$685,549	$86,304

Groveton Fire Department Association