CEREDO VOLUNTEER FIRE DEPARTMENT INC (EIN 911931022) - 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

1954

Legal Domicile

Principal Officer

Robert Robson

Phone

3044534808

Tax Period

2024-01-01 to 2024-12-31

CEREDO VOLUNTEER FIRE DEPARTMENT INC, founded in 1954, is a small nonprofit in the Public Safety sector that reported $558K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum.

Mission

Volunteer Fire Department

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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 $24,016

Program Service Revenue $533,644

Investment Income $25

Other Revenue $0

TOTAL REVENUE $557,685

Expense Breakdown

Grants Paid $0

Salaries & Benefits $280,049

Fundraising Expenses $0

Program Expenses $573,928

Other Expenses $293,879

TOTAL EXPENSES $573,928

Year-over-Year Comparison

	2024	2023	Change
Revenue	$557,685	$463,379	+0.2%
Expenses	$573,928	$480,196	+0.2%
Net Income	$-16,243	$-16,817	0.0%

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
Robert Robson	Fire Chief	10	Officer	$0	$0	$0
Lonny Muncy	Captain	5	Officer	$0	$0	$0
Chris Brumfield	Lietuenant	5	Officer	$0	$0	$0
Christopher Holley	Asst. Chief	5	Officer	$0	$0	$0
Josh Perry	Deputy Chief	4	Officer	$0	$0	$0
James Caudill	Captain	4	Officer	$0	$0	$0
Joseph Cockeril	Sergeant	3	Officer	$0	$0	$0
Toney Calhoun	Lieutenants	2	Officer	$0	$0	$0
Jeff Smith	Lieutenants	2	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
2024	$557,685	$573,928	$96,450	$-16,243
2023	$463,379	$480,196	$125,205	$-16,817
2022	$633,606	$588,408	$136,676	$45,198
2021	$598,834	$608,198	$112,557	$-9,364
2021	$379,260	$613,400	$-107,017	$-234,140
2020	$499,208	$442,533	$136,018	$56,675

CEREDO VOLUNTEER FIRE DEPARTMENT INC