QUINEBAUG VOLUNTEER FIRE DEPARTMENT INC

EIN: 066042252

Quinebaug, CT

Total Revenue
$157,580
Total Expenses
$106,432
Total Assets
$367,021
Net Assets
$238,609
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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
1939
Legal Domicile
CT
Principal Officer
Ashley Gendreau
Phone
8609355255
Tax Period
2023-01-01 to 2023-12-31

QUINEBAUG VOLUNTEER FIRE DEPARTMENT INC, founded in 1939, is a small nonprofit that reported $158K in total revenue in fiscal year 2023. The organization ran a surplus of $51K, a strong 32% operating margin.

Mission

To provide fire protection and prevention and ambulance service to the entire 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 (2023)

Revenue Breakdown

Contributions & Grants $76,170
Program Service Revenue $0
Investment Income $15
Other Revenue $81,395
TOTAL REVENUE $157,580

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $105,097
Other Expenses $106,432
TOTAL EXPENSES $106,432

Year-over-Year Comparison

2023 2022 Change
Revenue $157,580 $162,790 0.0%
Expenses $106,432 $312,614 -0.7%
Net Income $51,148 $-149,824 -1.3%
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
35
Independent Members
35
Employees
N/A
Volunteers
35

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
Lorne Lee President 10
Officer
$0 $0 $0
Justine Gendreau Secretary 10
Officer
$0 $0 $0
Ashley Gendreau Treasurer 10
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
2024 No data No data No data No data
2023 $157,580 $106,432 $367,021 $51,148
2022 $162,790 $312,614 $362,272 $-149,824
2021 $130,429 $134,984 $548,553 $-4,555
2020 $147,992 $188,449 $588,206 $-40,457
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