FRIENDSHIP HOOK & LADDER CO #1 INC (EIN 230604490) - 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

2014

Legal Domicile

Principal Officer

JACK SCHONDELMAIER

Phone

6103672300

Tax Period

2023-01-01 to 2023-12-31

FRIENDSHIP HOOK & LADDER CO #1 INC, founded in 2014, is a small nonprofit in the Recreation & Sports sector that reported $538K in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $142K, a strong 26% operating margin.

Mission

OUR PURPOSE IS TO PROVIDE SOCIAL DIVERSIONS, ENTERTAINMENT, AND REFRESHMENTS FOR MEMBERS, AND HELP SUPPORT OTHER BOYERTOWN AREA NON-PROFIT ORGANIZATIONS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $89,188

Program Service Revenue $0

Investment Income $36,643

Other Revenue $412,659

TOTAL REVENUE $538,490

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,090

Fundraising Expenses $0

Other Expenses $270,277

TOTAL EXPENSES $396,367

Year-over-Year Comparison

	2023	2022	Change
Revenue	$538,490	$471,536	+0.1%
Expenses	$396,367	$305,503	+0.3%
Net Income	$142,123	$166,033	-0.1%

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
JACK SCHONDELMAIER	PRESIDENT	4.00	Officer	$0	$0	$0
TODD GAMLER	1ST VICE PRESIDENT	2.00	Director	$0	$0	$0
GREGG MILLER	2ND VICE PRESIDENT	2.00	Director	$0	$0	$0
BRENT MILLER	RECORDING SECRETARY	2.00	Officer	$0	$0	$0
MIKE THOMAS	ASST. RECORDING SEC.	2.00	Director	$0	$0	$0
BARBARA BRENDLINGER	FINANCIAL SECRETARY	4.00	Director	$0	$0	$0
ANN CONRAD	ASST. FINANCIAL SEC.	6.00	Director	$0	$0	$0
ALLEN STEFFY	TREASURER	8.00	Officer	$0	$0	$0
AL GAMLER	ASST. TREASURER	2.00	Director	$0	$0	$0
GLENN TRATE	TRUSTEE	4.00	Director	$0	$0	$0
CHARLES BRENDLINGER	TRUSTEE	6.00	Director	$0	$0	$0
DAVE RICH	TRUSTEE	6.00	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	No data	No data	No data	No data
2023	$538,490	$396,367	$2,414,948	$142,123
2022	$471,536	$305,503	$2,216,798	$166,033
2021	$631,335	$260,357	$2,047,623	$370,978
2020	$315,975	$241,116	$1,884,616	$74,859

FRIENDSHIP HOOK & LADDER CO #1 INC