RELIANCE FIRE CO 1 (EIN 236419989) - 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

1904

Legal Domicile

Principal Officer

JOHN LOVE

Phone

7178436305

Tax Period

2024-01-01 to 2024-12-31

RELIANCE FIRE CO 1, founded in 1904, is a small nonprofit that reported $202K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $52K, a strong 26% operating margin.

Mission

FIRE PROTECTION

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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 $24,310

Program Service Revenue $0

Investment Income $34,974

Other Revenue $142,836

TOTAL REVENUE $202,120

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $135,079

Other Expenses $150,022

TOTAL EXPENSES $150,022

Year-over-Year Comparison

	2024	2023	Change
Revenue	$202,120	$156,197	+0.3%
Expenses	$150,022	$122,333	+0.2%
Net Income	$52,098	$33,864	+0.5%

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
JOHN LOVE	PRESIDENT	N/A	Officer Director	$0	$0	$0
RAY SHEARER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
NANCY LOVE	FINANCIAL SE	N/A	Officer Director	$0	$0	$0
NICOLE SCHMEBECK	TREASURER/RE	N/A	Officer Director	$0	$0	$0
SARAY FURHMAN	ASSISTANT RE	N/A	Director	$0	$0	$0
BRUCE KLINEDINST	TRUSTEE	N/A	Director	$0	$0	$0
ARTHUR HARMAN	TRUSTEE	N/A	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	$202,120	$150,022	$251,545	$52,098
2023	$156,197	$122,333	$251,632	$33,864
2022	$129,144	$124,759	$289,091	$4,385
2021	$146,105	$121,800	$286,908	$24,305
2020	$136,914	$109,492	$331,960	$27,422
2019	$112,537	$151,993	$370,247	$-39,456
2018	$125,202	$173,726	$456,035	$-48,524

RELIANCE FIRE CO 1