Walker Fire Protection Association Inc (EIN 860732850) - 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

1970

Legal Domicile

Principal Officer

Lance Gilbert

Phone

9287772424

Tax Period

2024-06-01 to 2025-05-31

Walker Fire Protection Association Inc, founded in 1970, is a small nonprofit in the Public Safety sector that reported $621K in total revenue in fiscal year 2024. Revenue surged 63% from the prior year, signaling strong growth momentum. Expenses of $582K left a modest 6% surplus.

Mission

The Walker Fire Department is made up of volunteers eager to provide the best volunteer fire protection and emergency medical services to the Walker community and the immediate surrounding communities.

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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 $494,116

Program Service Revenue $0

Investment Income $24,551

Other Revenue $102,579

TOTAL REVENUE $621,246

Expense Breakdown

Grants Paid $0

Salaries & Benefits $186,939

Fundraising Expenses $0

Program Expenses $545,452

Other Expenses $395,186

TOTAL EXPENSES $582,125

Year-over-Year Comparison

	2024	2023	Change
Revenue	$621,246	$382,195	+0.6%
Expenses	$582,125	$460,371	+0.3%
Net Income	$39,121	$-78,176	-1.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William Loughrige	Vice President	6.00	Officer Director	$0	$0	$0
Clyde McKay	President	12.00	Officer Director	$0	$0	$0
Marti Mahoney	Secretary	17.00	Officer Director	$0	$0	$0
Jeff Anderson	Director	6.00	Director	$0	$0	$0
Bill Goode	Director	0.00	Director	$0	$0	$0
Louie Reale	Director	10.00	Director	$0	$0	$0
Rudy Erdman	Director	4.00	Director	$0	$0	$0
Lance Gilbert	Treasurer	20.00	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
2025	$621,246	$582,125	$935,475	$39,121
2024	$382,195	$460,371	$894,118	$-78,176
2023	$801,904	$416,180	$972,294	$385,724
2022	$817,937	$626,074	$585,420	$191,863
2021	$346,621	$293,078	$393,557	$53,543

Walker Fire Protection Association Inc