Hinesburg Firefighters Association

EIN: 030369632 501(c)(3) Public Safety

Hinesburg, VT

Total Revenue
$37,603
Total Expenses
$271,150
Total Assets
$52,182
Net Assets
$52,182
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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
2014
Legal Domicile
VT
Principal Officer
Eric Spivack
Tax Period
2022-01-01 to 2022-12-31

Hinesburg Firefighters Association, founded in 2014, is a micro nonprofit in the Public Safety sector that reported $38K in total revenue in fiscal year 2022. Revenue fell 88% from the prior year — a significant decline worth monitoring. Expenses of $271K exceeded revenue, resulting in a 621% operating deficit.

Mission

The purpose of this organization is to support the goals and mission of the Hinesburg 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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $37,603
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $37,603

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $271,150
TOTAL EXPENSES $271,150

Year-over-Year Comparison

2022 2021 Change
Revenue $37,603 $307,470 -0.9%
Expenses $271,150 $70,794 +2.8%
Net Income $-233,547 $236,676 -2.0%
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
5
Independent Members
5
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Harrison Mead President 004.00
Officer
$0 $0 $0
Lynn Porter Secretary 004.00
Officer
$0 $0 $0
Eric Spivack Treasurer 004.00
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
2022 $37,603 $271,150 $52,182 $-233,547
2021 $307,470 $70,794 $285,729 $236,676
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