TOWN OF HOOSICK RESCUE SQUAD INC (EIN 237029091) - 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

1957

Legal Domicile

Principal Officer

JAMES MONAHAN

Phone

5186869552

Tax Period

2024-01-01 to 2024-12-31

TOWN OF HOOSICK RESCUE SQUAD INC, founded in 1957, is a small nonprofit in the Health Care sector that reported $662K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $120K, a strong 18% operating margin.

Mission

THE MISSION OF THE TOWN OF HOOSICK RESCUE SQUAD IS TO DELIVER TO OUR RESIDENTS AND NEIGHBORS THE HIGHEST QUALITY EMERGENCY SERVICES THROUGH PREVENTION, EDUCATION, TRAINING, AND COMMITMENT. IN ADDITION, WE OFFER MEDICAL SUPPORT TO OUR PUBLIC SAFETY PARTNERS IN THE COMMUNITY AND REGION.

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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 $232,812

Program Service Revenue $400,381

Investment Income $28,562

Other Revenue $0

TOTAL REVENUE $661,755

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $461,406

Other Expenses $541,765

TOTAL EXPENSES $541,765

Year-over-Year Comparison

	2024	2023	Change
Revenue	$661,755	$594,051	+0.1%
Expenses	$541,765	$585,790	-0.1%
Net Income	$119,990	$8,261	+13.5%

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

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
JAMES MONAHAN	CHAIR	35.00	Officer Director	$0	$0	$0
CRAIG KENNEDY	VICE CHAIR	32.00	Officer Director	$0	$0	$0
JENNY SCARPULLA	MEMBER/SECRETARY	10.00	Officer Director	$0	$0	$0
ERIC SHEFFER	MEMBER	2.00	Director	$0	$0	$0
DOUG SAUER	MEMBER	2.00	Director	$0	$0	$0
DEBORAH LOHNES	MEMBER	2.00	Director	$0	$0	$0
BRUCE PATIRE	MEMBER	2.00	Director	$0	$0	$0
JOHN HUDSON JR	CHIEF	2.00	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
2024	$661,755	$541,765	$737,018	$119,990
2023	$594,051	$585,790	$497,703	$8,261
2022	$478,044	$467,495	$540,652	$10,549
2021	$496,551	$434,287	$644,627	$62,264
2020	$346,408	$462,320	$595,185	$-115,912
2019	$268,850	$425,162	$657,494	$-156,312
2018	$295,263	$367,038	$620,639	$-71,775

TOWN OF HOOSICK RESCUE SQUAD INC