BARNEGAT VOLUNTEER FIRE CO NO1 INC (EIN 226079030) - 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

1994

Legal Domicile

Principal Officer

Joseph DeSena

Phone

6096986766

Tax Period

2024-01-01 to 2024-12-31

BARNEGAT VOLUNTEER FIRE CO NO1 INC, founded in 1994, is a small nonprofit in the Public Safety sector that reported $260K in total revenue in fiscal year 2024. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

VOLUNTEER FIRE COMPANY

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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 $235,307

Program Service Revenue $610

Investment Income $2,521

Other Revenue $21,138

TOTAL REVENUE $259,576

Expense Breakdown

Grants Paid $0

Salaries & Benefits $34,270

Fundraising Expenses $13,835

Program Expenses $154,806

Other Expenses $224,374

TOTAL EXPENSES $268,732

Year-over-Year Comparison

	2024	2023	Change
Revenue	$259,576	$222,493	+0.2%
Expenses	$268,732	$248,834	+0.1%
Net Income	$-9,156	$-26,341	-0.7%

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

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
Andrew Watts	President	2.00	Officer	$0	$0	$0
Anthony Robinson	Vice President	2.00	Officer	$0	$0	$0
Janice Deisler	Secretary	2.00	Officer	$0	$0	$0
Joseph DeSena	Treasurer	2.00	Officer	$0	$0	$0
John Deisler	Trustee	1.00	Director	$0	$0	$0
Ronald Larson	Trustee	1.00	Director	$0	$0	$0
Robert Lilley	Trustee	1.00	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
2024	$259,576	$268,732	$431,744	$-9,156
2024	$259,576	$268,732	$431,744	$-9,156
2023	$222,493	$248,834	$452,981	$-26,341
2022	$271,801	$352,154	$428,239	$-80,353
2021	$210,746	$240,529	$516,912	$-29,783
2020	$170,212	$187,752	$547,808	$-17,540

BARNEGAT VOLUNTEER FIRE CO NO1 INC