MERRICK, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)EMPIRE HOSE COMPANY NO 3, founded in 1922, is a small nonprofit in the Public Safety sector that reported $678K in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $655K left a modest 3% surplus.
Empire Hose Company No. 3 was formed to establish a volunteer fire department for the purpose of protecting the lives and property of the people of Merrick, New York from fires, natural disasters, and hazardous materials incidents; to save lives by providing emergency medical services; to prevent fires through prevention and education programs; and to provide a work environment that values health, wellness and diversity and is free of harassment and discrimination.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $678,288 | $576,988 | +0.2% |
| Expenses | $655,354 | $675,356 | 0.0% |
| Net Income | $22,934 | $-98,368 | -1.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROY DAHLEN | Treasurer | 10.00 |
Officer
|
$3,000 | $0 | $3,000 |
| BENJAMIN ACKER | Recording Secty | 10.00 |
Officer
|
$400 | $0 | $400 |
| MONTE SHERMAN | Correspondence | 10.00 |
Officer
|
$400 | $0 | $400 |
| JONATHAN LOWE | Financial Secty | 10.00 |
Officer
|
$125 | $0 | $125 |
| PATRICK GAVIGAN | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| THOMAS FERNANDEZ SR | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| THOMAS FERNANDEZ JR | CHAIRMAN | 10.00 |
Director
|
$0 | $0 | $0 |
| WILLIAM POPIOLEK | VICE CHAIRMAN | 10.00 |
Director
|
$0 | $0 | $0 |
| NORMAN ADELBERG | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| JOSEPH MINER | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| CHRISTOPHER CLEMENT | Director | 10.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $678,288 | $655,354 | $2,767,026 | $22,934 |
| 2022 | $576,988 | $675,356 | $2,754,976 | $-98,368 |
| 2021 | $733,526 | $540,112 | $2,904,617 | $193,414 |
| 2020 | $607,712 | $541,087 | $2,683,259 | $66,625 |
| 2019 | $680,596 | $553,611 | $2,721,846 | $126,985 |
| 2018 | $549,953 | $476,677 | $2,295,541 | $73,276 |
Compare EMPIRE HOSE COMPANY NO 3 with other nonprofits in New York and across the country.