NENANA VOLUNTEER FIREEMS DEPARTMENT (EIN 813628424) - 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

2016

Legal Domicile

Principal Officer

JOSEPH FORNESS

Phone

9074509943

Tax Period

2022-01-01 to 2022-12-31

NENANA VOLUNTEER FIREEMS DEPARTMENT, founded in 2016, is a small nonprofit in the Public Safety sector that reported $259K in total revenue in fiscal year 2022. Revenue decreased 5% compared to the prior year. Expenses of $298K exceeded revenue, resulting in a 15% operating deficit.

Mission

PROVIDE FIRE PROTECTION AND EMERGENCY MEDICAL SERVICES

🔒

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 (2022)

Revenue Breakdown

Contributions & Grants $10,907

Program Service Revenue $248,232

Investment Income $0

Other Revenue $0

TOTAL REVENUE $259,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $84,744

Fundraising Expenses $0

Program Expenses $233,346

Other Expenses $213,412

TOTAL EXPENSES $298,156

Year-over-Year Comparison

	2022	2021	Change
Revenue	$259,139	$274,184	-0.1%
Expenses	$298,156	$244,670	+0.2%
Net Income	$-39,017	$29,514	-2.3%

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

Volunteers

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

$76,976

Total Directors

$76,976

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH FORNESS	PRESIDENT / CHIEF	40.00	Officer Director	$41,026	$0	$41,026
LARENDA FORNESS	TREASURER / ADMIN CAPTAIN	40.00	Officer Director	$35,950	$0	$35,950
ART THOMPSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
TRISTA JENNINGS	SECRETARY	1.00	Officer Director	$0	$0	$0
TERRI THOMPSON	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM WRIGHT	DIRECTOR	1.00	Director	$0	$0	$0
WES ALEXANDER	DIRECTOR	1.00	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
2022	$259,139	$298,156	$265,037	$-39,017
2021	$274,184	$244,670	$303,104	$29,514

NENANA VOLUNTEER FIREEMS DEPARTMENT