FREEMAN VOLUNTEER FIRE DEPARTMENT

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2022

Legal Domicile

Principal Officer

TY SOULEK

Phone

9135582758

Tax Period

2022-11-07 to 2022-12-31

FREEMAN VOLUNTEER FIRE DEPARTMENT, founded in 2022, is a small nonprofit in the Public Safety sector that reported $266K in total revenue in fiscal year 2022. The organization ran a surplus of $265K, a strong 100% operating margin.

Mission

OUR MISSION IS TO PROTECT OUR COMMUNITY AND PROVIDE SAFETY FOR OUR PEOPLE FROM ALL FIRE HAZARDS.

Program Service Accomplishments

Program 1

Expenses: $216

TO PROVIDE SAFETY AND PROTECTION TO OUR COMMUNITY FROM FIRE HAZARDS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $264,736

Program Service Revenue $0

Investment Income $2,199

Other Revenue $-472

TOTAL REVENUE $266,463

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $216

Other Expenses $998

TOTAL EXPENSES $998

Year-over-Year Comparison

	2022	2021	Change
Revenue	$266,463	N/A	N/A
Expenses	$998	N/A	N/A
Net Income	$265,465	N/A	N/A

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSH ANDERSEN	FIRE CHIEF	3.25	Director	$0	$0	$0
CODY FRANSEN	ASSISTANT CH	2.00	Director	$0	$0	$0
CHAD KNITTEL	TREASURER	4.75	Officer Director	$0	$0	$0
ERIN LACHMAN	ASSISTANT CH	2.00	Director	$0	$0	$0
STET MUTCHELKNAUS	ASSISTANT CH	2.00	Director	$0	$0	$0
TY SOULEK	PRESIDENT	1.25	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
2022	$266,463	$998	$265,465	$265,465