MILFORD NJ FIRE COMPANY INC

EIN: 222287572 Public Safety

MILFORD, NJ

Total Revenue
$601,601
Total Expenses
$253,733
Total Assets
$1,286,009
Net Assets
$1,286,009
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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
1981
Legal Domicile
NJ
Principal Officer
CHARLES W COOPER JR
Phone
9089954087
Tax Period
2024-01-01 to 2024-12-31

MILFORD NJ FIRE COMPANY INC, founded in 1981, is a small nonprofit in the Public Safety sector that reported $602K in total revenue in fiscal year 2024. Revenue surged 84% from the prior year, signaling strong growth momentum. The organization ran a surplus of $348K, a strong 58% operating margin.

Mission

VOLUNTEER FIRE AND RESCUE SERVICES.

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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 (2024)

Revenue Breakdown

Contributions & Grants $601,110
Program Service Revenue $0
Investment Income $491
Other Revenue $0
TOTAL REVENUE $601,601

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $579
Program Expenses $236,462
Other Expenses $253,733
TOTAL EXPENSES $253,733

Year-over-Year Comparison

2024 2023 Change
Revenue $601,601 $327,628 +0.8%
Expenses $253,733 $219,627 +0.2%
Net Income $347,868 $108,001 +2.2%
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
27

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
RICK ALLER SECRETARY N/A
Officer Director
$0 $0 $0
JEFF FEY PRESIDENT N/A
Officer Director
$0 $0 $0
CHARLES W COOPER JR TREASURER N/A
Officer Director
$0 $0 $0
RYAN OSBORNE VICE-PRESIDE N/A
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
2024 $601,601 $253,733 $1,286,009 $347,868
2023 $327,628 $219,627 $938,141 $108,001
2022 $252,830 $266,690 $869,130 $-13,860
2021 $246,055 $196,722 $844,000 $49,333
2020 $219,579 $241,058 $815,207 $-21,479
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