Montgomery Township Volunteer Fire Company #1

EIN: 201314051 Public Safety

Belle Mead, NJ

Total Revenue
$213,798
Total Expenses
$179,757
Total Assets
$1,897,162
Net Assets
$1,160,473
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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
1939
Legal Domicile
NJ
Principal Officer
BRIAN VOSS
Phone
9083596511
Tax Period
2025-01-01 to 2025-12-31

Montgomery Township Volunteer Fire Company #1, founded in 1939, is a small nonprofit in the Public Safety sector that reported $214K in total revenue in fiscal year 2025. Revenue surged 21% from the prior year, signaling strong growth momentum. The organization ran a surplus of $34K, a strong 16% operating margin.

Mission

Our mission is to save lives and protect our residents, property and the environment as well as educate our community.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $172,356
Investment Income $52,874
Other Revenue $-11,432
TOTAL REVENUE $213,798

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $5,527
Program Expenses $158,075
Other Expenses $179,757
TOTAL EXPENSES $179,757

Year-over-Year Comparison

2025 2024 Change
Revenue $213,798 $177,310 +0.2%
Expenses $179,757 $168,303 +0.1%
Net Income $34,041 $9,007 +2.8%
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

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Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
50

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
11
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Matthew Fedun President 10.0
Officer Director
$0 $0 $0
Joe Olenick Vice President, Captain 10.0
Officer Director
$0 $0 $0
Ivan Lin Secretary 10.0
Officer Director
$0 $0 $0
Brian Voss Treasurer 10.0
Officer Director
$0 $0 $0
Kevin Schroeck Chief 10.0
Officer Director
$0 $0 $0
Eric Lemon Deputy Chief 10.0
Officer Director
$0 $0 $0
Brad Caruso Trustee, 2nd Lieutenant 10.0
Officer Director
$0 $0 $0
Rich Karsay Trustee 10.0
Director
$0 $0 $0
Tom Karsay Trustee 10.0
Director
$0 $0 $0
Rich Kennedy Trustee, Safety Officer 10.0
Officer Director
$0 $0 $0
Pat King Assistant Chief 10.0
Officer
$0 $0 $0
Phil Adams 1st Lieutenant 10.0
Officer
$0 $0 $0
Frank Wendling III Engineer 10.0
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
2025 $213,798 $179,757 $1,897,162 $34,041
2024 $177,310 $168,303 $1,949,255 $9,007
2023 $142,472 $150,812 $2,050,151 $-8,340
2022 $154,444 $141,280 $2,058,949 $13,164
2021 $221,431 $116,978 $2,141,437 $104,453
2020 $153,560 $122,268 $2,091,124 $31,292
2019 $194,524 $171,054 $2,067,137 $23,470
2018 $310,879 $242,383 $2,021,697 $68,496
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