EAST MAINE FIRE COMPANY INC

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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

1949

Legal Domicile

Principal Officer

JIM CUMMINGS

Phone

6077970685

Tax Period

2025-01-01 to 2025-12-31

EAST MAINE FIRE COMPANY INC, founded in 1949, is a small nonprofit in the Public Safety sector that reported $254K in total revenue in fiscal year 2025. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $835K represent 39 months of operating reserves.

Mission

TO PROVIDE FIRE PROTECTION AND EMERGENCY SERVICES

Program Service Accomplishments

Program 1

Expenses: $191,422 Revenue: $241,210

TO PROVIDE FIRE-RESCUE SERVICES, INCLUDING FIRE SUPPRESSION, VEHICLE ACCIDENT RESCUES, AND EMERGENCY MEDICAL FIRST RESPONSE. WE ALSO PROVIDE FIRST LINE MUTUAL AID TO THE BINGHAMTON REGIONAL AIRPORT AIRCRAFT RESCUE AND FIREFIGHTING DEPARTMENT AND OUR NEIGHBORING FIRE DEPARTMENTS. WE PROVIDE THESE SERVICES OUT OF ONE STATION LOCATED AT 847 EAST MAINE ROAD.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $5,369

Program Service Revenue $241,210

Investment Income $5,224

Other Revenue $1,903

TOTAL REVENUE $253,706

Expense Breakdown

Grants Paid $920

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $191,422

Other Expenses $254,765

TOTAL EXPENSES $255,685

Year-over-Year Comparison

	2025	2024	Change
Revenue	$253,706	$229,247	+0.1%
Expenses	$255,685	$237,738	+0.1%
Net Income	$-1,979	$-8,491	-0.8%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TIM BIDWELL	PRESIDENT	6.00	Officer Director	$0	$0	$0
TOM BIDWELL	1ST VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
MATT BIDWELL	2ND VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
AJ HENRY	SECRETARY	4.00	Officer Director	$0	$0	$0
JIM CUMMINGS	TREASURER	4.00	Officer Director	$0	$0	$0
STEVE DRAKE	FINANCIAL SECRETARY	4.00	Officer Director	$0	$0	$0
SHAWN RAMSEY	AT LARGE MEMBER	0.00	Director	$0	$0	$0
MATT SNOW SR	AT LARGE MEMBER	0.00	Director	$0	$0	$0
KIM REYNOLDS	AT LARGE MEMBER	0.00	Director	$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	$253,706	$255,685	$1,160,360	$-1,979
2024	$229,247	$237,738	$1,197,530	$-8,491
2023	$232,207	$180,786	$1,238,912	$51,421
2022	$244,125	$195,410	$793,701	$48,715
2021	$6,725	$133,179	$1,040,140	$-126,454
2020	$209,850	$129,276	$1,166,594	$80,574
2019	$218,415	$111,636	$1,086,020	$106,779
2018	$207,622	$88,655	$979,241	$118,967