BASKING RIDGE FIRE COMPANY NO1 (EIN 226047072) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1904

Legal Domicile

Principal Officer

Stephen Hayworth

Phone

9087669874

Tax Period

2023-01-01 to 2023-12-31

BASKING RIDGE FIRE COMPANY NO1, founded in 1904, is a small nonprofit in the Public Safety sector that reported $314K in total revenue in fiscal year 2023. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $56K, a strong 18% operating margin.

Mission

FIRE AND EMERGENCY SERVICES TO THE PUBLIC

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $307,782

Program Service Revenue $0

Investment Income $6,162

Other Revenue $0

TOTAL REVENUE $313,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $7,187

Program Expenses $242,724

Other Expenses $250,635

TOTAL EXPENSES $257,822

Year-over-Year Comparison

	2023	2022	Change
Revenue	$313,944	$209,581	+0.5%
Expenses	$257,822	$151,001	+0.7%
Net Income	$56,122	$58,580	0.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
STEPHEN HAYWORTH	PRESIDENT	15.00	Officer Director	$0	$0	$0
KEVIN PESCATORE	SECRETARY	10.00	Officer Director	$0	$0	$0
RICHARD HALL	TREASURER	10.00	Officer Director	$0	$0	$0
JOHN SABEL	FIRE CHIEF	25.00	Officer Director	$0	$0	$0
SARAH BONNEFOI	EMS CAPTAIN	25.00	Officer Director	$0	$0	$0
RICHARD MOSCHELLO	EXECUTIVE BOARD AT LARGE	2.00	Director	$0	$0	$0
LOUISE FORDHAM-HALE	EXECUTIVE BOARD AT LARGE	2.00	Director	$0	$0	$0
DUNCAN WATT	EXECUTIVE BOARD AT LARGE	2.00	Director	$0	$0	$0
THEODORE RENZ	DEPUTY CHIEF	20.00	Officer	$0	$0	$0
GREG HEINER	ASSISTANT CHIEF	20.00	Officer	$0	$0	$0
STEVE HORNBLOW	EMS LIEUTENANT	20.00	Officer	$0	$0	$0
DOUG CARROLL	VICE PRESIDENT	2.00	Officer	$0	$0	$0
BRIAN FULLAGAR	ASSISTANT TREASURER	2.00	Officer	$0	$0	$0
KATHERINE FERRANTE	EMS LIEUTENANT	20.00	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	No data	No data	No data	No data
2023	$313,944	$257,822	$795,416	$56,122
2022	$209,581	$151,001	$739,294	$58,580
2021	$239,981	$217,155	$680,714	$22,826
2020	$210,451	$338,237	$657,888	$-127,786
2019	$222,650	$187,010	$785,674	$35,640
2018	$183,789	$196,425	$750,034	$-12,636

BASKING RIDGE FIRE COMPANY NO1