SCRANTON VOLUNTEER FIRE COMPANY INC (EIN 161433495) - Form 990 Financial Analysis & Trantor Score

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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

1935

Legal Domicile

Principal Officer

MICHAEL QUINN

Phone

7166494563

Tax Period

2024-01-01 to 2024-12-31

SCRANTON VOLUNTEER FIRE COMPANY INC, founded in 1935, is a small nonprofit in the Public Safety sector that reported $794K in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $1.0M exceeded revenue, resulting in a 32% operating deficit.

Mission

TO RESPOND TO MEDICAL AND FIRE EMERGENCIES IN THE SURROUNDING COMMUNITY. TO ASSIST THE COMMUNITY IN IMPLEMENTING FIRE PREVENTION TECHNIQUES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $572,715

Program Service Revenue $29,861

Investment Income $17,230

Other Revenue $173,830

TOTAL REVENUE $793,636

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,141

Fundraising Expenses $1,238

Program Expenses $1,026,763

Other Expenses $1,024,592

TOTAL EXPENSES $1,047,805

Year-over-Year Comparison

	2024	2023	Change
Revenue	$793,636	$931,068	-0.1%
Expenses	$1,047,805	$815,945	+0.3%
Net Income	$-254,169	$115,123	-3.2%

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
MARY BEST	FINANCIAL SE	N/A	Officer	$0	$0	$0
CHARLES BRATEK	HALL RENTAL	N/A	Officer	$0	$0	$0
DOUGLAS BUSH	2ND TRUSTEE	N/A	Officer	$0	$0	$0
KURT R COVERT	TREASURER	N/A	Officer	$0	$0	$0
JUSTIN DAY	3RD TRUSTEE	N/A	Officer	$0	$0	$0
ANDREW LOTOCKI	FINANCIAL SE	N/A	Officer	$0	$0	$0
MIKE MOSIER	CORRESPONDIN	N/A	Officer	$0	$0	$0
ROBERT MUELLER	SGT AT ARMS	N/A	Officer	$0	$0	$0
ROBERT L PAAS	FIRST TRUSTE	N/A	Officer	$0	$0	$0
MICHAEL QUINN	PRESIDENT	N/A	Officer	$0	$0	$0
ROBERT TRAINA	VICE PRESIDE	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
2024	$793,636	$1,047,805	$3,033,099	$-254,169
2023	$931,068	$815,945	$3,474,262	$115,123
2022	$622,232	$530,782	$2,624,052	$91,450
2021	$633,186	$482,338	$2,100,542	$150,848
2020	$598,388	$495,171	$2,009,861	$103,217
2019	$595,693	$561,830	$2,058,910	$33,863
2018	$581,827	$545,677	$2,182,196	$36,150

SCRANTON VOLUNTEER FIRE COMPANY INC