POTOSI VOLUNTEER FIRE DEPT INC (EIN 752924147) - 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

1989

Legal Domicile

Principal Officer

JANA SPRABERRY

Phone

3256922662

Tax Period

2024-01-01 to 2024-12-31

POTOSI VOLUNTEER FIRE DEPT INC, founded in 1989, is a small nonprofit in the Public Safety sector that reported $225K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $210K left a modest 7% surplus.

Mission

THE SERVICE BOUNDARIES INCLUDE THE CITY LIMITS OF ABILENE, TEXAS ON THE NORTH, THE TAYLOR COUNTY LINE ON THE EAST, US 83/84 ON THE WEST, AND THE HILLS SOUTH OF ABILENE, TEXAS ON THE SOUTH. THE SERVICE AREA IS ALSO DESCRIBED AS TAYLOR COUNTY ESN 131, UNDER THE ABILENE/TAYLOR COUNTY TEXAS 911 DISTRICT. THE POTOSI VOLUNTEER FIRE DEPARTMENT, INC, IS STAFFED BY VOLUNTEERS WHO LIVE IN AND DIRECTLY ADJACENT TO THE RESPONSE SERVICE AREA. THE ORGANIZATION IS AVAILABLE 24 HOURS EACH DAY, 365 DAYS PER YEAR.

🔒

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 $203,863

Program Service Revenue $0

Investment Income $23

Other Revenue $21,433

TOTAL REVENUE $225,319

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $823

Program Expenses $200,980

Other Expenses $210,464

TOTAL EXPENSES $210,464

Year-over-Year Comparison

	2024	2023	Change
Revenue	$225,319	$241,261	-0.1%
Expenses	$210,464	$251,123	-0.2%
Net Income	$14,855	$-9,862	-2.5%

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
TARYN RIDEN	SECRETARY	20.00	Officer Director	$0	$0	$0
JANA SPRABERRY	TREASURER	20.00	Officer Director	$0	$0	$0
BEN CALLIS	VICE-PRESIDENT	20.00	Officer Director	$0	$0	$0
DAVID HAMILTON	PRESIDENT	30.00	Officer Director	$0	$0	$0
AARON MAXWELL	FIRE CHIEF	30.00	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	$225,319	$210,464	$456,256	$14,855
2023	$241,261	$251,123	$475,169	$-9,862
2022	$205,464	$197,804	$505,471	$7,660
2021	$203,090	$204,236	$443,603	$-1,146
2020	$208,416	$223,864	$444,749	$-15,448
2019	$191,364	$219,017	$460,197	$-27,653
2018	$215,994	$216,262	$495,407	$-268

POTOSI VOLUNTEER FIRE DEPT INC