FRANKFORD VOLUNTEER FIRE DEPARTMENT INC

EIN: 912011509 501(c)(3) Public Safety

FRANKFORD, WV

Total Revenue
$293,691
Total Expenses
$60,791
Total Assets
$2,204,563
Net Assets
$2,197,086
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
WV
Principal Officer
RYAN GARAVAGLIA
Phone
3044972025
Tax Period
2024-01-01 to 2024-12-31

FRANKFORD VOLUNTEER FIRE DEPARTMENT INC, founded in 2001, is a small nonprofit in the Public Safety sector that reported $294K in total revenue in fiscal year 2024. Revenue surged 203% from the prior year, signaling strong growth momentum. The organization ran a surplus of $233K, a strong 79% operating margin.

Mission

VOLUNTEER FIRE DEPARTMENT THAT RESPONDS TO FIRE AND ACCIDENT CALLS FOR LOCAL COMMUNITY AND ASSISTS WITH MUTUAL AID CALLS FROM SIMILIAR NEIGHBORING ORGANIZATIONS.

Program Service Accomplishments

Program 1
Expenses: $60,791

VOLUNTEER FIRE DEPARTMENT THAT RESPONDS TO FIRE AND ACCIDENT CALLS FOR LOCAL COMMUNITY AND ASSISTS WITH MUTUAL AID CALLS FROM SIMILIAR NEIGHBORING ORGANIZATIONS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $293,210
Program Service Revenue $0
Investment Income $481
Other Revenue $0
TOTAL REVENUE $293,691

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $60,791
Other Expenses $60,791
TOTAL EXPENSES $60,791

Year-over-Year Comparison

2024 2023 Change
Revenue $293,691 $96,883 +2.0%
Expenses $60,791 $67,879 -0.1%
Net Income $232,900 $29,004 +7.0%
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

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Governance

Voting Members
8
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
4
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RYAN GARAVAGLIA PRESIDENT 10.00
Officer Director
$0 $0 $0
BEN WILEY DIRECTOR 10.00
Director
$0 $0 $0
ROBBIE CRONE VICE PRESIDENT 10.00
Officer Director
$0 $0 $0
MATTHEW SPENCER DIRECTOR 5.00
Director
$0 $0 $0
BRIAN FORD DIRECTOR 5.00
Director
$0 $0 $0
JORDAN PATTERSON DIRECTOR 5.00
Director
$0 $0 $0
JACOB TEUBERT TREASURER 10.00
Officer Director
$0 $0 $0
JUSTIN DEEDS SECRETARY 10.00
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 $293,691 $60,791 $2,204,563 $232,900
2023 $96,883 $67,879 $1,986,445 $29,004
2022 $68,864 $89,556 $1,969,541 $-20,692
2021 $127,194 $61,667 $2,005,761 $65,527
2020 $90,619 $73,033 $1,952,921 $17,586
2019 $65,378 $63,211 $1,947,024 $2,167
2018 $63,110 $62,438 $1,955,824 $672
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