LINCROFT FIRE COMPANY (EIN 222337203) - 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

1932

Legal Domicile

Principal Officer

DANIEL DUNN SR

Phone

7327475295

Tax Period

2023-01-01 to 2023-12-31

LINCROFT FIRE COMPANY, founded in 1932, is a small nonprofit in the Public Safety sector that reported $137K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $165K exceeded revenue, resulting in a 20% operating deficit.

Mission

TO SAVE LIVES, PROTECT PROPERTY, AND EXTINGUISH FIRES

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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 $127,507

Program Service Revenue $3,975

Investment Income $66

Other Revenue $5,758

TOTAL REVENUE $137,306

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $11,081

Program Expenses $153,540

Other Expenses $164,621

TOTAL EXPENSES $164,621

Year-over-Year Comparison

	2023	2022	Change
Revenue	$137,306	$125,565	+0.1%
Expenses	$164,621	$111,114	+0.5%
Net Income	$-27,315	$14,451	-2.9%

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

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
RYAN CLARKE	TRUSTEE	N/A	Director	$0	$0	$0
KRISTEN CLARKE	RECORDING SE	N/A	Officer	$0	$0	$0
MIKE NAVARRO	FINANCIAL SE	N/A	Officer	$0	$0	$0
MICHAEL J NIMON	VICE PRESIDE	N/A	Officer	$0	$0	$0
DANIEL DUNN SR	TREASURER	N/A	Officer	$0	$0	$0
FRANK W VERANGE	PRESIDENT	N/A	Officer	$0	$0	$0
DANIEL WISE	JR. MEMBER E	N/A	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
2023	$137,306	$164,621	$951,055	$-27,315
2022	$125,565	$111,114	$980,048	$14,451
2021	$149,185	$101,346	$987,656	$47,839
2020	$94,068	$83,765	$941,587	$10,303
2019	$111,286	$80,692	$933,140	$30,594
2018	$104,960	$78,001	$900,682	$26,959
2017	$92,200	$63,762	$1,129,612	$28,438

LINCROFT FIRE COMPANY