PROSPECT VOLUNTEER FIRE DEPT (EIN 800642318) - 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

2009

Legal Domicile

Phone

7248652002

Tax Period

2024-01-01 to 2024-12-31

PROSPECT VOLUNTEER FIRE DEPT, founded in 2009, is a small nonprofit in the Public Safety sector that reported $167K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $58K, a strong 35% operating margin.

Mission

THE PROTECTION OF LIFE AND PROPERTY DURING FIRES AND OTHER EMERGENCIES

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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 $109,740

Program Service Revenue $0

Investment Income $52

Other Revenue $57,198

TOTAL REVENUE $166,990

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $107,340

Other Expenses $109,131

TOTAL EXPENSES $109,131

Year-over-Year Comparison

	2024	2023	Change
Revenue	$166,990	$194,082	-0.1%
Expenses	$109,131	$107,807	+0.0%
Net Income	$57,859	$86,275	-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

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
SAM WAGNER	President	2.00	Officer Director	$0	$0	$0
GREG PARKER	Vice President	2.00	Officer Director	$0	$0	$0
AMANDA SHULER	Secretary	10.00	Officer Director	$0	$0	$0
ASHLEY REA	Director	5.00	Director	$0	$0	$0
TOM BLACKWOOD	Trustee	2.00	Director	$0	$0	$0
SPENCER REA	Trustee	2.00	Director	$0	$0	$0
COLTON MARTIN	Trustee	2.00	Director	$0	$0	$0
NATE BLACKWOOD	Trustee	5.00	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	$166,990	$109,131	$429,674	$57,859
2023	$194,082	$107,807	$371,815	$86,275
2022	$213,335	$99,202	$274,631	$114,133

PROSPECT VOLUNTEER FIRE DEPT