MONTVILLE FIRE COMPANY #1 INC

EIN: 061057189

UNCASVILLE, CT

Total Revenue
$446,962
Total Expenses
$393,236
Total Assets
$1,177,292
Net Assets
$1,177,292
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1931
Legal Domicile
CT
Principal Officer
RONALD TURNER
Phone
8608488070
Tax Period
2019-01-01 to 2019-12-31

MONTVILLE FIRE COMPANY #1 INC, founded in 1931, is a small nonprofit that reported $447K in total revenue in fiscal year 2019. Expenses of $393K left a modest 12% surplus.

Mission

TO PROVIDE VOLUNTEER FIRE AND AMBULANCE SERVICE TO THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $370,051 Revenue: $381,722

EXPENSES INCURRED TO ASSIST THE FIRE COMPANY MEMBERSHIP IN CARRYING OUT ITS INTENDED PURPOSE OF PROVIDING VOLUNTEER FIRE AND AMBULANCE SERVICE TO THE COMMUNITY.

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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 (2019)

Revenue Breakdown

Contributions & Grants $60,563
Program Service Revenue $381,722
Investment Income $4,677
Other Revenue $0
TOTAL REVENUE $446,962

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,370
Fundraising Expenses $0
Program Expenses $370,051
Other Expenses $389,866
TOTAL EXPENSES $393,236

Year-over-Year Comparison

2019 2018 Change
Revenue $446,962 $424,398 +0.1%
Expenses $393,236 $364,536 +0.1%
Net Income $53,726 $59,862 -0.1%
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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Governance

Voting Members
10
Independent Members
10
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
7
$3,370
Total Directors
10
$3,370
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE TACKLING TRUSTEE 1.00
Officer Director
$0 $0 $0
CHARISSA HAMMOND RECORDING SECRETARY 1.00
Officer Director
$0 $0 $0
CHRISTINE KUTZ BD. OF FINANCE 1.00
Officer Director
$0 $0 $0
DAWN MARIE TURNER TRUSTEE 1.00
Director
$0 $0 $0
DONALD KUTZ DEPUTY CHIEF 10.00
Officer Director
$0 $0 $0
EDMUND BRAGDON TRUSTEE 1.00
Director
$0 $0 $0
HOLLY GROUT FINANCIAL SECRETARY 1.00
Officer Director
$0 $0 $0
RANDALL GROUT TRUSTEE 1.00
Director
$0 $0 $0
RONALD TURNER CHIEF 25.00
Officer Director
$3,370 $0 $3,370
SCOTT CLEWELL ASSISTANT CHIEF 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
2019 $446,962 $393,236 $1,177,292 $53,726
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