HOOVER VOLUNTEER FIRE DEPT

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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

1996

Legal Domicile

Principal Officer

BILL CAMPBELL

Phone

8066626801

Tax Period

2024-01-01 to 2024-12-31

HOOVER VOLUNTEER FIRE DEPT, founded in 1996, is a small nonprofit in the Public Safety sector that reported $415K in total revenue in fiscal year 2024. Revenue surged 288% from the prior year, signaling strong growth momentum. The organization ran a surplus of $144K, a strong 35% operating margin.

Mission

COMBAT FIRES IN THE HOOVER AREA.

Program Service Accomplishments

Program 1

THIS ORGANIZATION PROVIDES EQUIPMENT AND TRAINING FOR VOLUNTEER FIRE FIGHTERS. THE VOLUNTEERS DEAL WITH RURAL EMERGENCIES INCLUDING BUT NOT LIMITED TO FIGHTING FIRES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $294,505

Program Service Revenue $0

Investment Income $55,790

Other Revenue $64,291

TOTAL REVENUE $414,586

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $268,736

Other Expenses $270,269

TOTAL EXPENSES $270,269

Year-over-Year Comparison

	2024	2023	Change
Revenue	$414,586	$106,800	+2.9%
Expenses	$270,269	$180,565	+0.5%
Net Income	$144,317	$-73,765	-3.0%

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

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	Role	Reportable Comp	Other Comp	Total
TRENT PRICE	CHIEF	Officer	$0	$0	$0
BRIAN SNAPP	ASSISTANT CHIEF OF OPERATI	Officer	$0	$0	$0
CHARLEY THOMAS	ASSISTANT CHIEF OF SAFETY	Officer	$0	$0	$0
JUSTIN THOMAS	CAPTAIN	Officer	$0	$0	$0
WILLIAM LONG	CAPTAIN	Officer	$0	$0	$0
CLINT DALRYMPLE	CAPTAIN	Officer	$0	$0	$0
BILL CAMPBELL	TREASURER	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	$414,586	$270,269	$309,347	$144,317
2023	$106,800	$180,565	$146,074	$-73,765
2022	$169,646	$203,850	$241,120	$-34,204
2021	$269,485	$199,374	$302,307	$70,111