FRIENDSHIP HOOK LADDER & HOSE CO N… - Form 990 Financial Data

🔒

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

2001

Legal Domicile

Principal Officer

GEORGE GILLIANO

Phone

6109486234

Tax Period

2023-01-01 to 2023-12-31

FRIENDSHIP HOOK LADDER & HOSE CO NO 2, founded in 2001, is a small nonprofit in the Human Services sector that reported $618K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $707K exceeded revenue, resulting in a 14% operating deficit.

Mission

VOLUNTEER FIRE SUPPRESSION AND EMERGENCY SERVICES TO THE BOROUGH OF ROYERSFORD AND SURROUNDING COMMUNITIES

Program Service Accomplishments

Program 1

Expenses: $579,818 Revenue: $618,264

PROVIDE SOCIAL CLUB FOR MEMBERS OF THE FIREHOUSE AND AMBULANCE COMPANY

🔒

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 $0

Program Service Revenue $0

Investment Income $0

Other Revenue $618,264

TOTAL REVENUE $618,264

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,187

Fundraising Expenses $0

Program Expenses $579,818

Other Expenses $582,379

TOTAL EXPENSES $706,566

Year-over-Year Comparison

	2023	2022	Change
Revenue	$618,264	$835,182	-0.3%
Expenses	$706,566	$793,714	-0.1%
Net Income	$-88,302	$41,468	-3.1%

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

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

$215,443

Total Directors

$82,869

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CRAIG SCHELL	TRUSTEE	40.00	Director	$72,379	$0	$72,379
ELLIOT GUFFEY	TRUSTEE	10.00	Director	$0	$8,400	$8,400
JEREMY DAVIS	TRUSTEE	10.00	Director	$0	$2,090	$2,090
CRAIG KEFFER	TRUSTEE	10.00	Director	$0	$0	$0
GEORGE GILLIANO	PRESIDENT	15.00	Officer	$0	$103,834	$103,834
MARGARET DILLION	SECRETARY	25.00	Officer	$17,498	$0	$17,498
KELLY PANETTA	SECRETARY	10.00	Officer	$0	$0	$0
KEVIN KERWIN	VICE PRESIDENT	10.00	Officer	$0	$9,973	$9,973
GARY WEZEL	COO	10.00	Officer	$0	$0	$0
BRIANA GODIN	TREASURER	20.00	Officer	$4,988	$79,150	$84,138

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	$618,264	$706,566	$53,999	$-88,302
2022	$835,182	$793,714	$142,301	$41,468
2021	$775,759	$741,256	$100,833	$34,503
2020	$345,781	$345,926	$66,330	$-145
2019	$702,373	$710,443	$25,075	$-8,070
2018	$802,449	$809,769	$33,145	$-7,320

FRIENDSHIP HOOK LADDER & HOSE CO NO 2