Fountain Fire Company No 1 (EIN 222325504) - 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

1905

Legal Domicile

Principal Officer

Brendt Simpson

Phone

3154279327

Tax Period

2024-01-01 to 2024-12-31

Fountain Fire Company No 1, founded in 1905, is a micro nonprofit in the Public Safety sector that reported $77K in total revenue in fiscal year 2024. Revenue surged 181% from the prior year, signaling strong growth momentum. Net assets of $279K represent 44 months of operating reserves.

Mission

Life, Safety, and Property Protection Volunteer Fire Dept.

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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 (2024)

Revenue Breakdown

Contributions & Grants $56,068

Program Service Revenue $0

Investment Income $11,109

Other Revenue $9,450

TOTAL REVENUE $76,627

Expense Breakdown

Grants Paid $600

Salaries & Benefits $8,420

Fundraising Expenses $0

Program Expenses $67,950

Other Expenses $68,754

TOTAL EXPENSES $78,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$76,627	$27,295	+1.8%
Expenses	$78,604	$57,217	+0.4%
Net Income	$-1,977	$-29,922	-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

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
David G Holcomb	President	002.00	Officer	$0	$0	$0
Robert Wise Jr	1st Vice President	002.00	Officer	$0	$0	$0
William Reed	2nd Vice President	002.00	Officer	$0	$0	$0
Brendt Simpson	Treasurer 1	002.00	Officer	$0	$0	$0
Jason Murray	Treasurer 2	002.00	Officer	$0	$0	$0
William Basher	Secretary	002.00	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
2025	No data	No data	No data	No data
2024	$76,627	$78,604	$280,001	$-1,977
2023	$27,295	$57,217	$280,489	$-29,922
2022	$64,303	$36,854	$283,992	$27,449
2021	$40,747	$19,991	$281,208	$20,756
2020	$53,279	$34,659	$258,147	$18,620
2019	$47,411	$33,237	$236,960	$14,174
2018	$49,163	$53,241	$211,993	$-4,078

Fountain Fire Company No 1