HOLMDEL FIRST AID SQUAD

EIN: 221898692 501(c)(3)

HOLMDEL, NJ

Total Revenue
$284,533
Total Expenses
$133,574
Total Assets
$262,182
Net Assets
$262,182
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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
1969
Legal Domicile
NJ
Principal Officer
ANGELO DEROSA
Phone
7324892990
Tax Period
2025-01-01 to 2025-12-31

HOLMDEL FIRST AID SQUAD, founded in 1969, is a small nonprofit that reported $285K in total revenue in fiscal year 2025. Revenue surged 179% from the prior year, signaling strong growth momentum. The organization ran a surplus of $151K, a strong 53% operating margin.

Mission

FIRST AID/AMBULANCE

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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 $279,095
Program Service Revenue $5,300
Investment Income $138
Other Revenue $0
TOTAL REVENUE $284,533

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $123,299
Other Expenses $133,574
TOTAL EXPENSES $133,574

Year-over-Year Comparison

2025 2024 Change
Revenue $284,533 $102,052 +1.8%
Expenses $133,574 $174,386 -0.2%
Net Income $150,959 $-72,334 -3.1%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
55

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
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELO DEROSA TREASURER 40.00
Officer Director
$0 $0 $0
ANTHONY PUSILLO PRESIDENT 10.00
Officer Director
$0 $0 $0
JESSICA TRICHITTA SECRETARY 10.00
Officer Director
$0 $0 $0
MIKE NICKOLAS VICE PRESIDENT 10.00
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
2025 $284,533 $133,574 $262,182 $150,959
2024 No data No data No data No data
2023 $221,306 $157,362 No data $63,944
2022 $199,725 $165,141 No data $34,584
2020 $263,567 $200,056 $534,304 $63,511
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