HILLSIDE LAKE FIRE CO 3 INC (EIN 141724415) - 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

1952

Legal Domicile

Principal Officer

PHILLIP RICOTTA

Tax Period

2023-01-01 to 2023-12-31

HILLSIDE LAKE FIRE CO 3 INC, founded in 1952, is a small nonprofit in the Public Safety sector that reported $131K in total revenue in fiscal year 2023. Net assets of $953K represent 87 months of operating reserves.

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $7,070

Program Service Revenue $28,145

Investment Income $3,811

Other Revenue $91,885

TOTAL REVENUE $130,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $118,244

Other Expenses $128,007

TOTAL EXPENSES $128,007

Year-over-Year Comparison

	2023	2022	Change
Revenue	$130,911	$130,037	+0.0%
Expenses	$128,007	$142,917	-0.1%
Net Income	$2,904	$-12,880	-1.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JACK SCHMIDT	DIRECTOR	10.00	Director	$0	$0	$0
FRANK RUFINO	DIRECTOR	10.00	Director	$0	$0	$0
ROY FREER	DIRECTOR	10.00	Director	$0	$0	$0
LISA MARCAJOHN	DIRECTOR	10.00	Director	$0	$0	$0
THERESA RUBINO	FINANCIAL SECRETARY	15.00	Officer	$0	$0	$0
THOMAS MORAN SR	VICE PRESIDENT	10.00	Officer	$0	$0	$0
GEORGE DIAKANTONIS	TREASURER	10.00	Officer	$0	$0	$0
MICHELE CRONIN	RECORDING SECRETARY	10.00	Officer	$0	$0	$0
PHILLIP RICOTTA	PRESIDENT	15.00	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	No data	No data	No data	No data
2023	$130,911	$128,007	$1,211,803	$2,904
2022	$130,037	$142,917	$1,202,267	$-12,880
2021	$133,322	$110,550	$1,264,741	$22,772
2020	$141,174	$72,888	$1,247,215	$68,286
2019	$118,678	$79,330	$1,164,716	$39,348
2018	$132,805	$106,124	$809,475	$26,681

HILLSIDE LAKE FIRE CO 3 INC