HARMAN VOLUNTEER FIRE DEPARTMENT INC

EIN: 911896201

HARMAN, WV

Total Revenue
$162,208
Total Expenses
$90,091
Total Assets
$1,411,015
Net Assets
$1,101,832
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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
1950
Legal Domicile
WV
Principal Officer
JERRY TETER
Phone
3047045551
Tax Period
2023-01-01 to 2023-12-31

HARMAN VOLUNTEER FIRE DEPARTMENT INC, founded in 1950, is a small nonprofit that reported $162K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $72K, a strong 44% operating margin.

Mission

MAINTAIN A VOLUNTEER FIRE DEPARTMENT FOR THE TOWN OF HARMAN, WV

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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 $123,225
Program Service Revenue $0
Investment Income $3,202
Other Revenue $35,781
TOTAL REVENUE $162,208

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $76,444
Other Expenses $90,091
TOTAL EXPENSES $90,091

Year-over-Year Comparison

2023 2022 Change
Revenue $162,208 $116,209 +0.4%
Expenses $90,091 $88,216 +0.0%
Net Income $72,117 $27,993 +1.6%
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
12
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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JERRY TETER CHIEF 2.00
Director
$0 $0 $0
SCOTT SHOMO PRESIDENT 2.00
Director
$0 $0 $0
WE MULLENEX VICE-PRESIDENT 2.00
Director
$0 $0 $0
PATTY TETER SEC/TREAS 2.00
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 No data No data No data No data
2023 $162,208 $90,091 $1,411,015 $72,117
2022 $116,209 $88,216 $1,412,054 $27,993
2021 $128,600 $63,152 $1,016,696 $65,448
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