MIDDLETOWN TOWNSHIP FIRE COMPANY NO 1 (EIN 226064985) - 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

1924

Legal Domicile

Principal Officer

JOHN FITZGERALD

Phone

7327478355

Tax Period

2024-01-01 to 2024-12-31

MIDDLETOWN TOWNSHIP FIRE COMPANY NO 1, founded in 1924, is a small nonprofit that reported $175K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $218K exceeded revenue, resulting in a 24% operating deficit.

Mission

PROVIDING PROTECTION OF LIFE AND PROPERTY FROM FIRE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $79,599

Program Service Revenue $0

Investment Income $590

Other Revenue $95,169

TOTAL REVENUE $175,358

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $11,860

Program Expenses $193,220

Other Expenses $217,981

TOTAL EXPENSES $217,981

Year-over-Year Comparison

	2024	2023	Change
Revenue	$175,358	$160,805	+0.1%
Expenses	$217,981	$161,906	+0.3%
Net Income	$-42,623	$-1,101	+37.7%

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

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
JOHN TESTA	PRESIDENT	20.00	Officer	$0	$0	$0
FRED GORSEGNER	VICE PRESIDENT	20.00	Officer	$0	$0	$0
JOHN FITZGERALD	TREASURER	20.00	Officer	$0	$0	$0
RICHARD HOWARTH	SECRETARY	20.00	Officer	$0	$0	$0
FRANK BUTLER	TRUSTEE	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	$175,358	$217,981	$1,155,412	$-42,623
2023	$160,805	$161,906	$1,212,177	$-1,101
2022	$159,958	$142,648	$1,192,222	$17,310
2021	$152,048	$130,470	$1,175,278	$21,578
2020	$135,880	$106,082	$1,149,665	$29,798
2019	$151,579	$120,054	$1,121,251	$31,525
2018	$289,263	$101,202	$1,089,142	$188,061

MIDDLETOWN TOWNSHIP FIRE COMPANY NO 1