THE VOLUNTOWN VOLUNTEER FIRE COMPANY NUMBER 1 INC

EIN: 900656992 Public Safety

VOLUNTOWN, CT

Total Revenue
$311,097
Total Expenses
$326,836
Total Assets
$467,967
Net Assets
$467,270
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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
1939
Legal Domicile
CT
Phone
8603763954
Tax Period
2023-07-01 to 2024-06-30

THE VOLUNTOWN VOLUNTEER FIRE COMPANY NUMBER 1 INC, founded in 1939, is a small nonprofit in the Public Safety sector that reported $311K in total revenue in fiscal year 2023.

Mission

TO PROVIDE TO THE CITIZENS AND VISITORS OF THE TOWN OF VOLUNTOWN A COMPREHENSIVE AND PROFESSIONAL PROGRAM OF FIRE SAFETY EDUCATION, FIRE PREVENTION, AND EMERGENCY RESPONSE TO FIRE, MEDICAL AND OTHER EMERGENCIES FOR THE PROTECTION OF LIFE, PROPERTY AND THE ENVIRONMENT.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $201,157
Program Service Revenue $98,315
Investment Income $298
Other Revenue $11,327
TOTAL REVENUE $311,097

Expense Breakdown

Grants Paid $0
Salaries & Benefits $40,555
Fundraising Expenses $0
Program Expenses $314,563
Other Expenses $286,281
TOTAL EXPENSES $326,836

Year-over-Year Comparison

2023 2022 Change
Revenue $311,097 $307,437 +0.0%
Expenses $326,836 $330,548 0.0%
Net Income $-15,739 $-23,111 -0.3%
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
10
Independent Members
N/A
Employees
25
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
6
$17,581
Total Directors
4
$5,498
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER SMITH President 5.00
Officer
$12,448 $0 $12,448
KEVIN KEARNS Vice President 5.00
Officer
$2,883 $0 $2,883
RYAN HARGRAVES EMS CAPTAIN 5.00
Director
$2,171 $0 $2,171
JOSEPH GRENIER FIRE CHIEF 25.00
Director
$1,640 $0 $1,640
EMILE LePAGE DEPUTY CHIEF 5.00
Director
$1,612 $0 $1,612
VICKI SCHWERY ASST. SECRETARY 5.00
Officer
$900 $0 $900
PATRICIA ADAMS Secretary 5.00
Officer
$850 $0 $850
RYAN DILLON Treasurer 5.00
Officer
$500 $0 $500
STEPHEN MCCUMISKEY FIRE CAPTAIN 5.00
Director
$75 $0 $75
TIM ADAMS ASST TREASURER 5.00
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
2025 No data No data No data No data
2024 $311,097 $326,836 $467,967 $-15,739
2023 $307,437 $330,548 $485,113 $-23,111
2022 $305,827 $354,575 $506,435 $-48,748
2021 $298,184 $265,974 $554,908 $32,210
2020 $253,614 $263,695 $522,658 $-10,081
2019 $302,204 $264,888 $532,739 $37,316
2018 $280,808 $320,877 $495,423 $-40,069
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