Skyline Lake Fire Department

EIN: 222190035 501(c)(3) Public Safety

Ringwood, NJ

Total Revenue
$121,195
Total Expenses
$119,021
Total Assets
$583,940
Net Assets
$555,261
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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
1995
Legal Domicile
NJ
Principal Officer
Michael Venezia
Phone
9738354797
Tax Period
2023-01-01 to 2023-12-31

Skyline Lake Fire Department, founded in 1995, is a small nonprofit in the Public Safety sector that reported $121K in total revenue in fiscal year 2023. Net assets of $555K represent 55 months of operating reserves.

Mission

Volunteer Fire Fighting & Safety Education

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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 (2023)

Revenue Breakdown

Contributions & Grants $82,264
Program Service Revenue $0
Investment Income $2,641
Other Revenue $36,290
TOTAL REVENUE $121,195

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $4,096
Program Expenses $74,948
Other Expenses $119,021
TOTAL EXPENSES $119,021

Year-over-Year Comparison

2023 2022 Change
Revenue $121,195 $123,328 0.0%
Expenses $119,021 $106,437 +0.1%
Net Income $2,174 $16,891 -0.9%
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
27
Independent Members
27
Employees
N/A
Volunteers
34

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Douglas Faber Assistant Chief 15.00
Officer
$0 $0 $0
Michael Venezia Treasurer 10.00
Officer
$0 $0 $0
N/A Chief 15.00
Officer
$0 $0 $0
James Frattini President 2.00
$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
2024 No data No data No data No data
2023 $121,195 $119,021 $583,940 $2,174
2022 $123,328 $106,437 $595,409 $16,891
2021 $108,882 $95,574 $592,287 $13,308
2020 $86,575 $73,236 $590,077 $13,339
2019 $112,506 $81,292 $588,316 $31,214
2018 $94,679 $86,185 $568,148 $8,494
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