PENRYN FIRE COMPANY 1 INC (EIN 232495782) - 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

1927

Legal Domicile

Principal Officer

GERALD WOLFE

Phone

7176652535

Tax Period

2024-01-01 to 2024-12-31

PENRYN FIRE COMPANY 1 INC, founded in 1927, is a small nonprofit in the Public Safety sector that reported $412K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year. The organization ran a surplus of $215K, a strong 52% operating margin.

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 $206,640

Program Service Revenue $0

Investment Income $174,472

Other Revenue $30,832

TOTAL REVENUE $411,944

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $1,434

Program Expenses $161,333

Other Expenses $196,963

TOTAL EXPENSES $196,963

Year-over-Year Comparison

	2024	2023	Change
Revenue	$411,944	$476,808	-0.1%
Expenses	$196,963	$189,792	+0.0%
Net Income	$214,981	$287,016	-0.3%

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
DOUG BOLLINGER	PRESIDENT	10.00	Officer	$0	$0	$0
LEONARD REIF	VICE PRESIDE	10.00	Officer	$0	$0	$0
LINNEA MARTIN	SECRETARY	10.00	Officer	$0	$0	$0
GERALD WOLFE	TREASURER	10.00	Officer	$0	$0	$0
SAM LAPP	TRUSTEE	10.00	Director	$0	$0	$0
DEAN GREINER	TRUSTEE	10.00	Director	$0	$0	$0
MERVIN LAPP	TRUSTEE	10.00	Director	$0	$0	$0
DANIEL ZIMMERMAN	TRUSTEE	10.00	Director	$0	$0	$0
H TODD BOMBERGER	TRUSTEE	10.00	Director	$0	$0	$0
MICHAEL MARTIN	DIRECTOR	10.00	Director	$0	$0	$0
TOM WALSH	DIRECTOR	10.00	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	$411,944	$196,963	$4,995,915	$214,981
2023	$476,808	$189,792	$4,771,020	$287,016
2022	$283,894	$146,953	$4,430,502	$136,941
2021	$359,115	$170,138	$4,731,152	$188,977
2020	$384,772	$156,423	$4,496,429	$228,349
2019	$313,380	$157,775	$4,199,180	$155,605
2018	$391,501	$223,131	$3,558,027	$168,370

PENRYN FIRE COMPANY 1 INC