NORTHFIELD VOLUTEER FIRE COMPANY I

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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

1938

Legal Domicile

Principal Officer

RYAN CRICHTON CHIEF

Tax Period

2023-07-01 to 2024-06-30

NORTHFIELD VOLUTEER FIRE COMPANY I, founded in 1938, is a small nonprofit in the Public Safety sector that reported $167K in total revenue in fiscal year 2023. Revenue fell 62% from the prior year — a significant decline worth monitoring. Net assets of $505K represent 36 months of operating reserves.

Mission

PROVIDE VOLUNTEER EMERGENCY SERVICES

Program Service Accomplishments

Program 1

Expenses: $149,205

TO PROVIDE HIGH QUALITY EMERGENCY SERVICES TO THE OVER 1800 RESIENTS OF THE VILLAGE OF NORTHFIELD, CONNECTICUT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $149,331

Program Service Revenue $0

Investment Income $0

Other Revenue $17,980

TOTAL REVENUE $167,311

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $149,205

Other Expenses $181,112

TOTAL EXPENSES $181,112

Year-over-Year Comparison

	2023	2022	Change
Revenue	$167,311	$444,951	-0.6%
Expenses	$181,112	$181,854	0.0%
Net Income	$-13,801	$263,097	-1.1%

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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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
CHRIS CURTIS	CHIEF ENGINEER	6.00	Officer Director	$0	$0	$0
EUGENE WARNER	2ND LIEUTENANT	6.00	Officer Director	$0	$0	$0
BRUCE BUCHENHOLZ	2ND CAPTAIN	6.00	Officer Director	$0	$0	$0
DAN MORASANI	3RD LIEUTENANT	6.00	Officer Director	$0	$0	$0
KIRSTEN LEGENDRE	EMS LIEUTENANT	6.00	Officer Director	$0	$0	$0
ANTHONY KEPLER	EMS CAPTAIN	6.00	Officer Director	$0	$0	$0
DAVE CARROLL	DEPUTY CHIEF	12.00	Officer Director	$0	$0	$0
RYAN CRICHTON	CHIEF	12.00	Officer Director	$0	$0	$0
BENJAMIN VAN ORMER	TREASURER	6.00	Officer Director	$0	$0	$0
PAUL GILL	1ST CAPTAIN	6.00	Officer Director	$0	$0	$0
JESSE BERGLUND	1ST LIEUTENANT	6.00	Officer Director	$0	$0	$0
LISA RICHARDS	SECRETARY	6.00	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
2025	No data	No data	No data	No data
2024	$167,311	$181,112	$505,060	$-13,801
2023	$423,145	$160,047	$518,861	$263,098
2020	$190,298	$157,251	$250,108	$33,047