Gordons Corner Fire Company (EIN 220024179) - 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

1986

Legal Domicile

Principal Officer

MATTHEW LAVECCHIA

Phone

7325362881

Tax Period

2023-01-01 to 2023-12-31

Gordons Corner Fire Company, founded in 1986, is a small nonprofit in the Public Safety sector that reported $179K in total revenue in fiscal year 2023. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $251K exceeded revenue, resulting in a 40% operating deficit.

Mission

FIRE FIGHTING AND FIRE PREVENTION

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,137

Program Service Revenue $0

Investment Income $644

Other Revenue $176,523

TOTAL REVENUE $179,304

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $242,383

Other Expenses $251,233

TOTAL EXPENSES $251,233

Year-over-Year Comparison

	2023	2022	Change
Revenue	$179,304	$304,357	-0.4%
Expenses	$251,233	$277,157	-0.1%
Net Income	$-71,929	$27,200	-3.6%

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

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
MATTHEW NICOSIA	Treasurer	10.00	Officer	$0	$0	$0
MATTHEW LAVECCHIA	President	20.00	Officer	$0	$0	$0
VLADISLAV NEVYAROVSKIY	Secretary	10.00	Officer	$0	$0	$0
BASIL MANTAGAS	Vice President	10.00	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
2023	$179,304	$251,233	$1,243,369	$-71,929
2022	$304,357	$277,157	$1,345,207	$27,200
2021	$307,907	$231,419	$1,379,256	$76,488
2020	$315,287	$225,049	$1,361,104	$90,238
2019	$281,154	$235,084	$1,356,976	$46,070
2018	$243,291	$216,499	$1,363,361	$26,792

Gordons Corner Fire Company