COLUMBIA ENGINE COMPANY NO 1 OF OCEANSIDE INC

EIN: 112885980 501(c)(3) Public Safety

OCEANSIDE, NY

Total Revenue
$38,413
Total Expenses
$22,293
Total Assets
$584,266
Net Assets
$584,266
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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
2016
Principal Officer
WILLIAM HENNETT
Phone
5164874110
Tax Period
2023-01-01 to 2023-12-31

COLUMBIA ENGINE COMPANY NO 1 OF OCEANSIDE INC, founded in 2016, is a micro nonprofit in the Public Safety sector that reported $38K in total revenue in fiscal year 2023. The organization ran a surplus of $16K, a strong 42% operating margin.

Mission

VOLUNTEER FIREFIGHTING ORGANIZATION

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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 $0
Program Service Revenue $20,613
Investment Income $14,335
Other Revenue $3,465
TOTAL REVENUE $38,413

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $20,943
Other Expenses $22,293
TOTAL EXPENSES $22,293

Year-over-Year Comparison

2023 2022 Change
Revenue $38,413 $37,459 +0.0%
Expenses $22,293 $43,558 -0.5%
Net Income $16,120 $-6,099 -3.6%
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
6
Independent Members
6
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL FACELLA TRUSTEE N/A
Director
$0 $0 $0
THEODORE FREUDENBERG JR TRUSTEE N/A
Director
$0 $0 $0
LEROY KUROT TRUSTEE N/A
Officer Director
$0 $0 $0
GARY FISH ASST TREASUR N/A
Officer
$0 $0 $0
WILLIAM HENNETT TREASURER N/A
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $38,413 $22,293 $584,266 $16,120
2022 $37,459 $43,558 $568,146 $-6,099
2021 $32,806 $41,897 $574,245 $-9,091
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