COLONIAL PARK FIRE COMPANY NO 1 (EIN 237270112) - 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

1944

Legal Domicile

Principal Officer

STERLING COLBORN IV

Phone

7176528378

Tax Period

2024-01-01 to 2024-12-31

COLONIAL PARK FIRE COMPANY NO 1, founded in 1944, is a small nonprofit in the Public Safety sector that reported $292K in total revenue in fiscal year 2024. Expenses of $334K exceeded revenue, resulting in a 15% operating deficit.

Mission

TO PROVIDE FIRE FIGHTING, FIRE PREVENTION AND EDUCATION TO THE RESIDENTS OF LOWER PAXTON TOWNSHIP

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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 $279,219

Program Service Revenue $0

Investment Income $17,748

Other Revenue $-5,266

TOTAL REVENUE $291,701

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $12,026

Program Expenses $306,081

Other Expenses $334,237

TOTAL EXPENSES $334,237

Year-over-Year Comparison

	2024	2023	Change
Revenue	$291,701	$278,532	+0.0%
Expenses	$334,237	$317,608	+0.1%
Net Income	$-42,536	$-39,076	+0.1%

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
STERLING COLBORN IV	FINANCIAL OF	N/A	Officer Director	$0	$0	$0
STEVE MICHELONE	PRESIDENT	N/A	Officer Director	$0	$0	$0
BEN SHIELDS	VICE PRESIDE	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	$291,701	$334,237	$583,229	$-42,536
2023	$278,532	$317,608	$610,867	$-39,076
2022	$506,795	$429,339	$622,675	$77,456
2021	$459,212	$323,288	$586,883	$135,924
2020	$277,865	$138,074	$440,881	$139,791
2019	$257,299	$227,833	$281,473	$29,466
2018	$214,567	$195,795	$244,689	$18,772

COLONIAL PARK FIRE COMPANY NO 1