THE NEW HOPE FIRE COMPANY (EIN 060667209) - 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

1917

Legal Domicile

Principal Officer

REEMA ODEH

Phone

2035362961

Tax Period

2024-07-01 to 2025-06-30

THE NEW HOPE FIRE COMPANY, founded in 1917, is a small nonprofit that reported $184K in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Net assets of $495K represent 32 months of operating reserves.

Mission

OPERATION OF VOLUNTEER FIRE COMPANY.

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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 $184,101

Program Service Revenue $0

Investment Income $18

Other Revenue $0

TOTAL REVENUE $184,119

Expense Breakdown

Grants Paid $0

Salaries & Benefits $15,519

Fundraising Expenses $0

Program Expenses $165,686

Other Expenses $182,390

TOTAL EXPENSES $197,909

Year-over-Year Comparison

	2024	2023	Change
Revenue	$184,119	$166,871	+0.1%
Expenses	$197,909	$233,499	-0.2%
Net Income	$-13,790	$-66,628	-0.8%

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

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

$3,550

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MIKE BATTINELLI SR	MEMBER AT LARGE	1.00	Director	$0	$0	$0
ERIK YARK	MEMBER AT LARGE	1.00	Director	$0	$0	$0
JOHN LOGLISCI	MEMBER AT LARGE	1.00	Director	$0	$0	$0
REEMA ODEH	PRESIDENT	1.00	Officer	$450	$0	$450
ED RANDANO	VICE PRESIDENT	1.00	Officer	$0	$0	$0
LEO GOYAN	FINANCIAL SECRETARY	1.00	Officer	$300	$0	$300
DANYA ALKHATIB	SECRETARY	1.00	Officer	$0	$0	$0
CHRISTINA STRAIN	TREASURER	2.00	Officer	$1,900	$0	$1,900
FRANK PASSERO	CHIEF	5.00	Officer	$0	$0	$0
JASON TIMMERMAN	ENGINEER	5.00	Officer	$900	$0	$900

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
2025	$184,119	$197,909	$499,109	$-13,790
2024	$166,871	$233,499	$513,169	$-66,628
2023	$169,299	$223,167	$579,326	$-53,868
2022	$174,701	$173,055	$633,194	$1,646
2021	$166,899	$176,011	$651,857	$-9,112
2020	$163,176	$151,861	$661,789	$11,315
2019	$161,651	$156,970	$650,474	$4,681
2018	$156,346	$181,823	$645,793	$-25,477

THE NEW HOPE FIRE COMPANY