PATTERSON FIRE DEPARTMENT NO 1 INC

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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

1921

Legal Domicile

Principal Officer

ANDREW AKIN

Phone

8458786047

Tax Period

2024-04-01 to 2025-03-31

PATTERSON FIRE DEPARTMENT NO 1 INC, founded in 1921, is a community nonprofit that reported $1.1M in total revenue in fiscal year 2024. Expenses of $933K left a modest 12% surplus.

Mission

PROVIDING FIRE PROTECTION AND FIRE PREVENTION EDUCATION FOR THE RESIDENTS AND BUSINESSES OF THE TOWN OF PATTERSON, NEW YORK.

Program Service Accomplishments

Program 1

Expenses: $859,106 Revenue: $968,094

PROVIDING FIRE PROTECTION AND FIRE PREVENTION EDUCATION FOR THE RESIDENTS AND BUSINESSES OF THE TOWN OF PATTERSON, NEW YORK.

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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 $3,337

Program Service Revenue $968,094

Investment Income $51,686

Other Revenue $36,943

TOTAL REVENUE $1,060,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,561

Fundraising Expenses $0

Program Expenses $859,106

Other Expenses $924,224

TOTAL EXPENSES $932,785

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,060,060	$1,002,807	+0.1%
Expenses	$932,785	$804,600	+0.2%
Net Income	$127,275	$198,207	-0.4%

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

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
RANDALL MULKINS	PRESIDENT	15.00	Officer Director	$0	$0	$0
ANDREW AKIN	VICE PRESIDE	15.00	Officer Director	$0	$0	$0
RACHEL ROBERTS	TREASURER	15.00	Officer Director	$0	$0	$0
LORETTA KENNEDY	RECORDING SE	15.00	Officer Director	$0	$0	$0
BRANDON POCALI	CORRESPONDIN	15.00	Officer Director	$0	$0	$0
RICHARD BOSSER	TRUSTEE	15.00	Officer Director	$0	$0	$0
SCOTT MILLER	TRUSTEE	15.00	Officer Director	$0	$0	$0
JOHN BARETTO	TRUSTEE	15.00	Officer Director	$0	$0	$0
JOSEPH PIGNATELLI	CHIEF	15.00	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
2025	$1,060,060	$932,785	$5,270,152	$127,275
2024	$1,002,807	$804,600	$5,126,033	$198,207
2023	$957,909	$824,830	$5,018,538	$133,079
2022	$911,112	$588,591	$4,393,321	$322,521
2021	$309,551	$607,702	$4,059,595	$-298,151
2020	$1,515,557	$642,915	$4,357,165	$872,642
2019	$899,891	$503,930	$3,488,099	$395,961
2018	$854,303	$580,984	$3,297,216	$273,319