FIREMANS RELIEF ASSOCIATION HANOVER TOWNSHIP VOLUNTEER FIRE COMPANY 1 (EIN 232582742) - 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

Legal Domicile

Principal Officer

RYAN HOGAN

Phone

6108672103

Tax Period

2024-01-01 to 2024-12-31

FIREMANS RELIEF ASSOCIATION HANOVER TOWNSHIP VOLUNTEER FIRE COMPANY 1 is a small nonprofit in the Public Safety sector that reported $146K in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion.

Mission

PROVIDE SUPPORT TO LOCAL FIRE DEPARTMENT UNDER THE AUTHORITY OF CHAPTER 7 OF ACT 205 OF 1984 (PENNSYLVANIA)

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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 $111,062

Program Service Revenue $0

Investment Income $11

Other Revenue $35,353

TOTAL REVENUE $146,426

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $156,062

Other Expenses $158,534

TOTAL EXPENSES $158,534

Year-over-Year Comparison

	2024	2023	Change
Revenue	$146,426	$123,708	+0.2%
Expenses	$158,534	$169,135	-0.1%
Net Income	$-12,108	$-45,427	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RYAN HOGAN	PRESIDENT	N/A	Officer Director	$0	$0	$0
TYLER ISAAC	SECRETARY	N/A	Officer Director	$0	$0	$0
JOSHUA PETERS	TREASURER	N/A	Officer 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	$146,426	$158,534	$82,364	$-12,108
2023	$123,708	$169,135	$94,472	$-45,427
2022	$133,241	$124,738	$139,899	$8,503
2021	$85,008	$187,398	$131,396	$-102,390
2020	$99,760	$127,572	$233,786	$-27,812
2019	$130,807	$133,480	$261,598	$-2,673
2018	$133,816	$158,286	$264,271	$-24,470

FIREMANS RELIEF ASSOCIATION HANOVER TOWNSHIP VOLUNTEER FIRE COMPANY 1