SOUTH SIDE HOSE COMPANY NO 2

EIN: 113797199 501(c)(3) Public Safety

OCEANSIDE, NY

Total Revenue
$109,248
Total Expenses
$110,346
Total Assets
$817,218
Net Assets
$595,607
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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
1927
Legal Domicile
NY
Phone
5167662231
Tax Period
2023-12-01 to 2024-11-30

SOUTH SIDE HOSE COMPANY NO 2, founded in 1927, is a small nonprofit in the Public Safety sector that reported $109K in total revenue in fiscal year 2023. Net assets of $596K represent 65 months of operating reserves.

Mission

THE PURPOSE OF THE ORGANIZATION (FIREHOUSE) IS TO PROVIDE FIRE SUPRESSION TO THE COMMUNITY AND TRAINING AND EDUCATION TO ITS MEMBERS IN FIRE SUPRESSION AND OTHER FIREFIGHTER DUTIES.

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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 $927
Investment Income $2,399
Other Revenue $105,922
TOTAL REVENUE $109,248

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $21,571
Other Expenses $110,346
TOTAL EXPENSES $110,346

Year-over-Year Comparison

2023 2022 Change
Revenue $109,248 $106,246 +0.0%
Expenses $110,346 $129,318 -0.1%
Net Income $-1,098 $-23,072 -1.0%
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
3
Independent Members
3
Employees
N/A
Volunteers
150

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
2
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN BRESIN Treasurer 20.00
Officer Director
$0 $0 $0
DAN SABATINO CAPTAIN 20.00
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 $109,248 $110,346 $817,218 $-1,098
2023 $106,246 $129,318 $825,605 $-23,072
2022 $104,826 $173,273 $891,674 $-68,447
2021 $172,132 $217,951 $962,029 $-45,819
2020 $98,787 $75,131 $778,948 $23,656
2018 $102,931 $114,493 $747,602 $-11,562
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