CINNAMINSON FIRE DEPARTMENT 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

2000

Legal Domicile

Principal Officer

ROBERT YEARLY

Phone

8562075371

Tax Period

2023-01-01 to 2023-12-31

CINNAMINSON FIRE DEPARTMENT INC, founded in 2000, is a small nonprofit in the Public Safety sector that reported $153K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Net assets of $396K represent 31 months of operating reserves.

Mission

TO PROVIDE VOLUNTEER FIRE FIGHTING AND FIRE PREVENTION SERVICES TO THE RESIDENTS OF CINNAMINSON, NJ AND ITS SURROUNDING COMMUNITIES

Program Service Accomplishments

Program 1

TO PROVIDE VOLUNTEER FIRE FIGHTING AND FIRE PREVENTION SERVICES TO THE RESIDENTS OF CINNAMINSON, NJ AND ITS SURROUNDING COMMUNITIES

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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 $1,360

Program Service Revenue $149,804

Investment Income $710

Other Revenue $1,250

TOTAL REVENUE $153,124

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $164,778

TOTAL EXPENSES $164,778

Year-over-Year Comparison

	2023	2022	Change
Revenue	$153,124	$133,621	+0.1%
Expenses	$164,778	$123,313	+0.3%
Net Income	$-11,654	$10,308	-2.1%

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
ROBERT YEARLY	TREASURER	010.00	Officer Director	$0	$0	$0
MARGARET RICCIUTTI	SECRETARY	005.00	Officer Director	$0	$0	$0
JAMES VASSALO	PRESIDENT	005.00	Officer Director	$0	$0	$0
GEORGE FERRIS	VICE PRESIDENT	005.00	Officer 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
2023	$153,124	$164,778	$395,705	$-11,654
2022	$133,621	$123,313	$557,969	$10,308
2021	$126,074	$118,322	$547,661	$7,752
2019	$170,731	$147,477	$520,438	$23,254
2018	$182,975	$132,541	$497,184	$50,434