MATAGORDA VOLUNTEER FIRE DEPARTMENT (EIN 760426346) - Form 990 Financial Analysis & Trantor Score

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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

1974

Principal Officer

CLAY COOK

Tax Period

2024-01-01 to 2024-12-31

MATAGORDA VOLUNTEER FIRE DEPARTMENT, founded in 1974, is a small nonprofit in the Public Safety sector that reported $179K in total revenue in fiscal year 2024. Revenue fell 35% from the prior year — a significant decline worth monitoring. Expenses of $162K left a modest 10% surplus.

Mission

COMPLETE FIRE DEPARTMENT SERVICING 100 SQUARE MILES. PROVIDE FIRE PROTECTION AND EMERGENCY MEDICAL CARE AT NO CHARGE. VOLUNTEER MEMBERS.

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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 $110,513

Program Service Revenue $3,800

Investment Income $1,658

Other Revenue $63,481

TOTAL REVENUE $179,452

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $695

Program Expenses $157,452

Other Expenses $161,569

TOTAL EXPENSES $161,569

Year-over-Year Comparison

	2024	2023	Change
Revenue	$179,452	$277,517	-0.4%
Expenses	$161,569	$180,755	-0.1%
Net Income	$17,883	$96,762	-0.8%

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
CLAY COOK	PRESIDENT	N/A	Officer Director	$0	$0	$0
GAIL COOK	TREASURER/CH	N/A	Officer Director	$0	$0	$0
TERESA GIBBONS	SECRETARY	N/A	Officer Director	$0	$0	$0
ROLANDO HERNANDEZ	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
DAVID HIGHT	ASSISTANT CH	N/A	Director	$0	$0	$0
RACHELE RAWLINGS	DIRECTOR	N/A	Director	$0	$0	$0
SUZANNE SULLIVAN	DIRECTOR	N/A	Director	$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	$179,452	$161,569	$454,494	$17,883
2023	$277,517	$180,755	$500,209	$96,762
2022	$138,280	$114,552	$339,849	$23,728
2021	$230,462	$134,163	$316,121	$96,299
2020	$136,913	$58,832	$219,822	$78,081
2019	$119,152	$68,832	$141,741	$50,320
2018	$121,104	$107,255	$91,421	$13,849

MATAGORDA VOLUNTEER FIRE DEPARTMENT