CRAFT VOLUNTEER FIRE DEPARTMENT INC

EIN: 815484263 501(c)(3) Public Safety

HALEYVILLE, AL

Total Revenue
$493,319
Total Expenses
$26,300
Total Assets
$1,024,377
Net Assets
$1,024,377
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
AL
Principal Officer
KAREN HULSEY
Phone
2052698471
Tax Period
2024-10-01 to 2025-09-30

CRAFT VOLUNTEER FIRE DEPARTMENT INC, founded in 2017, is a small nonprofit in the Public Safety sector that reported $170K in total revenue in fiscal year 2023. Revenue surged 63% from the prior year, signaling strong growth momentum. The organization ran a surplus of $145K, a strong 86% operating margin.

Mission

VOLUNTEER FIRE FIGHTING & RELATED COMMUNITY SERVICES

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $393,989
Program Service Revenue $0
Investment Income $72
Other Revenue $99,258
TOTAL REVENUE $493,319

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $26,300
Other Expenses $26,300
TOTAL EXPENSES $26,300

Year-over-Year Comparison

2024 2023 Change
Revenue $493,319 $169,565 +1.9%
Expenses $26,300 $24,272 +0.1%
Net Income $467,019 $145,293 +2.2%
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

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Governance

Voting Members
5
Independent Members
5
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN CHAMBERS BOARD MEMBER N/A
Officer
$0 $0 $0
DAVID CRANE PRESIDENT N/A
Officer
$0 $0 $0
KAREN HULSEY SECRETARY/TR N/A
Officer
$0 $0 $0
VAN TIDWELL VICE PRESIDE N/A
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
2025 $493,319 $26,300 $1,024,377 $467,019
2024 $169,565 $24,272 $557,358 $145,293
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