VAILS GATE FIRE COMPANY INC

EIN: 141637018

VAILS GATE, NY

Total Revenue
$103,178
Total Expenses
$68,578
Total Assets
$528,017
Net Assets
$528,017
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1910
Legal Domicile
NY
Principal Officer
STEVEN BEDETTI
Phone
8455619729
Tax Period
2024-01-01 to 2024-12-31

VAILS GATE FIRE COMPANY INC, founded in 1910, is a small nonprofit that reported $103K in total revenue in fiscal year 2024. Revenue fell 47% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $35K, a strong 34% operating margin.

Mission

VOLUNTEER FIRE COMPANY

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,030
Program Service Revenue $13,318
Investment Income $0
Other Revenue $88,830
TOTAL REVENUE $103,178

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,200
Fundraising Expenses $0
Program Expenses $64,378
Other Expenses $64,378
TOTAL EXPENSES $68,578

Year-over-Year Comparison

2024 2023 Change
Revenue $103,178 $193,856 -0.5%
Expenses $68,578 $151,848 -0.5%
Net Income $34,600 $42,008 -0.2%
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

Sign In

Governance

Voting Members
9
Independent Members
75
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
0
$0
Total Directors
9
$4,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN MELE RECORDING SE N/A
Director
$0 $0 $0
EDWARD KLOUDA TRUSTEE N/A
Director
$0 $0 $0
MICHAEL FARBENT TRUSTEE N/A
Director
$0 $0 $0
DAVID ENGENITO TRUSTEE N/A
Director
$0 $0 $0
STEVEN CALAMARI TRUSTEE N/A
Director
$0 $0 $0
THOMAS SHOEMAKER TRUSTEE N/A
Director
$0 $0 $0
STEVEN BEDETTI PRESIDENT N/A
Director
$0 $0 $0
ROBERT SCHULZE VICE PRESIDE N/A
Director
$0 $0 $0
MICHAEL PRICE TREASURER N/A
Director
$4,200 $0 $4,200
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 $103,178 $68,578 $528,017 $34,600
2023 $193,856 $151,848 $493,261 $42,008
2022 $201,270 $153,413 $649,005 $47,857
2021 $185,370 $117,772 $600,760 $67,598
2020 $180,396 $124,733 $537,254 $55,663
2018 $197,145 $157,845 $417,424 $39,300
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare VAILS GATE FIRE COMPANY INC with other nonprofits in New York and across the country.