Bordens Hose Company No 1 of Mt U (EIN 222509952) - 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

1908

Legal Domicile

Principal Officer

Jacob Barnes

Tax Period

2024-01-01 to 2024-12-31

Bordens Hose Company No 1 of Mt U, founded in 1908, is a small nonprofit in the Public Safety sector that reported $174K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

PROVIDE EMERGENCY SERVICES (FIRE & MEDICAL) TO THE RESIDENTS AND VISITORS OF THE DISTRICT, REGARDLESS OF FINANCIAL OR PERSONAL BACKGROUND

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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 $23,084

Program Service Revenue $147,414

Investment Income $3,319

Other Revenue $0

TOTAL REVENUE $173,817

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $174,878

Other Expenses $174,878

TOTAL EXPENSES $174,878

Year-over-Year Comparison

	2024	2023	Change
Revenue	$173,817	$148,736	+0.2%
Expenses	$174,878	$217,360	-0.2%
Net Income	$-1,061	$-68,624	-1.0%

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
Brian Dean	Chief	6.00	Director	$0	$0	$0
Travis Brown	1st Assistant chief	6.00	Director	$0	$0	$0
Jacob Barnes	President	4.00	Officer	$0	$0	$0
Jim Dean	Vice President	4.00	Officer	$0	$0	$0
Mandy Whaley Brown	Secretary	2.00	Officer	$0	$0	$0
Gary Schultes	Treasurer	5.00	Officer	$0	$0	$0
Darlene Wong	Assistant Treasurer	3.00	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
2024	$173,817	$174,878	$499,544	$-1,061
2023	$148,736	$217,360	$585,940	$-68,624
2022	$152,213	$293,214	$688,573	$-141,001
2021	$191,541	$218,615	$862,564	$-27,074
2020	$281,956	$196,486	$509,878	$85,470
2019	$178,825	$159,284	$424,408	$19,541
2018	$154,892	$135,794	$404,867	$19,098

Bordens Hose Company No 1 of Mt U