Florence Volunteer Firefighters Inc

EIN: 822008798 501(c)(3) Public Safety

Florence, SD

Total Revenue
$17,977
Total Expenses
$35,675
Total Assets
$87,055
Net Assets
$87,055
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
SD
Principal Officer
Edwin Flemming
Phone
6058810673
Tax Period
2018-01-01 to 2018-12-31

Florence Volunteer Firefighters Inc, founded in 2017, is a micro nonprofit in the Public Safety sector that reported $18K in total revenue in fiscal year 2018. Revenue fell 47% from the prior year — a significant decline worth monitoring. Expenses of $36K exceeded revenue, resulting in a 98% operating deficit.

Mission

Protect lives and property of the citizens of our district

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $16,320
Investment Income $132
Other Revenue $1,525
TOTAL REVENUE $17,977

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $35,675
TOTAL EXPENSES $35,675

Year-over-Year Comparison

2018 2017 Change
Revenue $17,977 $33,798 -0.5%
Expenses $35,675 $15,123 +1.4%
Net Income $-17,698 $18,675 -1.9%
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
25
Independent Members
N/A
Employees
N/A
Volunteers
25

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Edwin Flemmong Sec/Treas 001.00
Officer
$0 $0 $0
Ray Hjermatad Chief 001.00
Officer
$0 $0 $0
Kevin Pommier Asst chief 001.00
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
2018 $17,977 $35,675 $87,055 $-17,698
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