WATERLOO VOLUNTEER FIRE AND RESCUE INC C/O TRAVIS HARLOW (EIN 824571089) - 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

2018

Legal Domicile

Principal Officer

TRAVIS HARLOW

Phone

4022085206

Tax Period

2024-01-01 to 2024-12-31

WATERLOO VOLUNTEER FIRE AND RESCUE INC C/O TRAVIS HARLOW, founded in 2018, is a small nonprofit in the Public Safety sector that reported $365K in total revenue in fiscal year 2024. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $330K left a modest 9% surplus.

Mission

PROVIDE SUPPORT AND FUNDING TO THE WATERLOO RURAL FIRE PROTECTION DISTRICT #6 AND THE CITY OF WATERLOO TO AID IN THE TRAINING OF FIRE AND RESCUE VOLUNTEERS AND TO PROVIDE NEEDED EQUIPMENT AND OTHER RESOURCES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $311,913

Program Service Revenue $0

Investment Income $0

Other Revenue $53,001

TOTAL REVENUE $364,914

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $319,351

Other Expenses $330,400

TOTAL EXPENSES $330,400

Year-over-Year Comparison

	2024	2023	Change
Revenue	$364,914	$189,797	+0.9%
Expenses	$330,400	$95,539	+2.5%
Net Income	$34,514	$94,258	-0.6%

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

N/A

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
TRAVIS HARLOW	PRESIDENT	5.00	Officer Director	$0	$0	$0
THOMAS KORPELA	VOLUNTEER ASST FIRE CHIEF	5.00	Officer Director	$0	$0	$0
STEVE THURBER	VOLUNTEER FIREFIGHTER	4.00	Officer 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	$364,914	$330,400	$208,925	$34,514
2023	$189,797	$95,539	$174,411	$94,258
2022	$81,302	$70,084	$80,153	$11,218
2021	$266,592	$220,709	$68,935	$45,883

WATERLOO VOLUNTEER FIRE AND RESCUE INC C/O TRAVIS HARLOW