SPRINGFIELD FIRE COMPANY (EIN 232186217) - 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

1920

Legal Domicile

Phone

6105440260

Tax Period

2023-01-01 to 2023-12-31

SPRINGFIELD FIRE COMPANY, founded in 1920, is a small nonprofit in the Public Safety sector that reported $614K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion.

Mission

RETENTION OF VOLUNTEERS TO PROTECT TOWNSHIP BY PERFORMING FIREFIGHTER FUNCTIONS AND FIRE PREVENTION

🔒

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 $605,324

Program Service Revenue $0

Investment Income $480

Other Revenue $8,297

TOTAL REVENUE $614,101

Expense Breakdown

Grants Paid $0

Salaries & Benefits $359,225

Fundraising Expenses $4,564

Program Expenses $498,994

Other Expenses $238,250

TOTAL EXPENSES $602,039

Year-over-Year Comparison

	2023	2022	Change
Revenue	$614,101	$532,634	+0.2%
Expenses	$602,039	$563,116	+0.1%
Net Income	$12,062	$-30,482	-1.4%

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

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

$12,000

Total Directors

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAWRENCE GREENWICH	President	10.00	Officer Director	$4,800	$0	$4,800
DAVID OSCIAK	Treasurer	20.00	Officer Director	$2,400	$0	$2,400
JOHN F GALLAGHER	Trustee	10.00	Officer Director	$2,400	$0	$2,400
MARK SHERWOOD	Financial Sec	20.00	Officer Director	$2,400	$0	$2,400
KENNETH FELKNER	CHIEF	30.00	Officer Director	$0	$0	$0
EDWARD ABEL SR	Trustee	0.00	Director	$0	$0	$0
CHARLES APPLEGATE	Director	5.00	Director	$0	$0	$0
EDWARD ABEL JR	Director	0.00	Director	$0	$0	$0
JASON GALLOWAY	Director	5.00	Director	$0	$0	$0
ROBERT SMYTHE SR	Vice President	5.00	Officer Director	$0	$0	$0
ROBERT TRACEY	Director	5.00	Director	$0	$0	$0
MIKE HUCKZO	Director	5.00	Director	$0	$0	$0
JOSEPH JARDINE	Secretary	5.00	Director	$0	$0	$0
MARK HANLY	Director	0.00	Director	$0	$0	$0
ROBERT SMYTHE JR	Director	5.00	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	$614,101	$602,039	$1,183,859	$12,062
2022	$532,634	$563,116	$1,139,813	$-30,482
2021	$519,196	$543,851	$1,126,628	$-24,655
2020	$466,269	$461,357	$1,157,390	$4,912
2019	$601,282	$509,146	$1,099,783	$92,136
2018	$556,927	$568,202	$986,375	$-11,275

SPRINGFIELD FIRE COMPANY