EAST NORWICH VOLUNTEER FIRE CO NO 1 IN (EIN 112342902) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1912

Legal Domicile

Principal Officer

FRANK LA BELLA

Phone

5166953401

Tax Period

2023-01-01 to 2023-12-31

EAST NORWICH VOLUNTEER FIRE CO NO 1 IN, founded in 1912, is a community nonprofit that reported $1.8M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. The organization ran a surplus of $488K, a strong 27% operating margin.

Mission

VOLUNTEER FIRE DEPARTMENT

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $279,134

Program Service Revenue $1,544,564

Investment Income $76

Other Revenue $10

TOTAL REVENUE $1,823,784

Expense Breakdown

Grants Paid $0

Salaries & Benefits $35,798

Fundraising Expenses $0

Program Expenses $1,200,661

Other Expenses $1,137,734

TOTAL EXPENSES $1,335,544

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,823,784	$1,128,323	+0.6%
Expenses	$1,335,544	$1,068,509	+0.2%
Net Income	$488,240	$59,814	+7.2%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$16,200

Total Directors

$22,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RUSSELL FULLER	SECRETARY	15.00	Officer Director	$6,000	$0	$6,000
JEFFREY SHOEMAKER	RECORDING SECRETARY	10.00	Officer Director	$6,000	$0	$6,000
CHRISTOPHER VELSOR	PRESIDENT	10.00	Officer Director	$4,200	$0	$4,200
THOMAS AASHEIM	VICE PRESIDENT	10.00	Director	$0	$0	$0
ROBERT AASHEIM	TRUSTEE	10.00	Director	$0	$0	$0
FRANK LA BELLA	TREASURER	10.00	Director	$6,000	$0	$6,000
THOMAS BRADKE	TRUSTEE	10.00	Director	$0	$0	$0
PAULINE CRONIN	TRUSTEE	10.00	Director	$0	$0	$0
JESSICA CROWLEY	TRUSTEE	10.00	Director	$0	$0	$0
JOHN HUNTER	TRUSTEE	10.00	Director	$0	$0	$0
DANIEL JOYCE SR	TRUSTEE	10.00	Director	$0	$0	$0
DAVID MURCOTT	TRUSTEE	10.00	Director	$0	$0	$0
CHRISTOPHER OLIVER	TRUSTEE	10.00	Director	$0	$0	$0
GRIFFIN ROSEN	TRUSTEE	10.00	Director	$0	$0	$0
TODD WACHTEL	TRUSTEE	10.00	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
2024	No data	No data	No data	No data
2023	$1,823,784	$1,335,544	$6,392,289	$488,240
2022	$1,128,323	$1,068,509	$5,837,122	$59,814
2021	$1,488,427	$930,297	$5,961,757	$558,130
2020	$1,247,130	$1,065,587	$5,556,018	$181,543
2019	$1,222,303	$1,309,838	$5,844,726	$-87,535
2018	$1,611,682	$1,272,688	$6,104,270	$338,994

EAST NORWICH VOLUNTEER FIRE CO NO 1 IN