WESTMONT FIRE COMPANY #1

EIN: 210685814 501(c)(3)

HADDON TOWNSHIP, NJ

Total Revenue
$271,014
Total Expenses
$361,569
Total Assets
$1,113,235
Net Assets
$432,169
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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

Legal Domicile
NJ
Phone
8568330099
Tax Period
2025-01-01 to 2025-12-31

WESTMONT FIRE COMPANY #1 is a small nonprofit that reported $271K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $362K exceeded revenue, resulting in a 33% operating deficit.

Mission

Volunter Fire Fighting Organizatio

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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 $265,603
Program Service Revenue $0
Investment Income $5,411
Other Revenue $0
TOTAL REVENUE $271,014

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $361,569
Other Expenses $361,569
TOTAL EXPENSES $361,569

Year-over-Year Comparison

2025 2024 Change
Revenue $271,014 $292,547 -0.1%
Expenses $361,569 $497,475 -0.3%
Net Income $-90,555 $-204,928 -0.6%
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
4
Independent Members
4
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
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM TESSING TREASURER 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 $271,014 $361,569 $1,113,235 $-90,555
2024 $292,547 $497,475 $1,268,958 $-204,928
2023 $417,320 $286,206 $1,536,344 $131,114
2022 $321,916 $260,914 $1,465,098 $61,002
2021 $306,157 $253,222 $1,461,477 $52,935
2020 $318,201 $398,921 $1,463,540 $-80,720
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