MILFORD FIRE DEPARTMENT INC (EIN 232009244) - 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

1932

Legal Domicile

Principal Officer

LARRRY KIRWAN

Phone

5702966121

Tax Period

2023-01-01 to 2023-12-31

MILFORD FIRE DEPARTMENT INC, founded in 1932, is a small nonprofit in the Public Safety sector that reported $742K in total revenue in fiscal year 2023. The organization ran a surplus of $180K, a strong 24% operating margin.

Mission

THE ORGANIZATION OPERATES AS A NON-PROFIT, VOLUNTEER FIRE HOUSE/AMBULANCE FACILITY SERVING THE RESIDENTS OF PIKE CO. PA.

🔒

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 $433,947

Program Service Revenue $180,370

Investment Income $17,304

Other Revenue $110,160

TOTAL REVENUE $741,781

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,027

Program Expenses $513,786

Other Expenses $562,022

TOTAL EXPENSES $562,022

Year-over-Year Comparison

	2023	2022	Change
Revenue	$741,781	$695,582	+0.1%
Expenses	$562,022	$575,015	0.0%
Net Income	$179,759	$120,567	+0.5%

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
JOHN CRESPO	VICE PRES	8.00	Officer Director	$0	$0	$0
LARRRY KIRWAN	TREASURER	8.00	Officer Director	$0	$0	$0
AARON MAY	SECRETARY	8.00	Officer Director	$0	$0	$0
MARK VOLPE	PRESIDENT	8.00	Officer Director	$0	$0	$0
MICHAEL BELLO	CHIEF	8.00	Officer	$0	$0	$0
ANDY FORTUIN	CAPTAIN	8.00	Officer	$0	$0	$0
ERIC LANGBERG	2ND ASST CHI	8.00	Officer	$0	$0	$0
NICK MAY	LIEUTENANT	8.00	Officer	$0	$0	$0
ERIC PASSARO	1ST ASST CHI	8.00	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	$741,781	$562,022	$2,048,559	$179,759
2022	$695,582	$575,015	$2,365,729	$120,567
2021	$480,166	$428,828	$2,415,954	$51,338
2020	$404,943	$295,164	$2,510,377	$109,779
2019	$450,923	$289,299	$2,521,124	$161,624
2018	$421,083	$246,377	$1,890,488	$174,706

MILFORD FIRE DEPARTMENT INC