OAKMONT FIRE COMPANY #1 OF HAVERFO… - Form 990 Financial Data

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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

1912

Legal Domicile

Principal Officer

MICHAEL KELLY

Phone

6104469837

Tax Period

2023-01-01 to 2023-12-31

OAKMONT FIRE COMPANY #1 OF HAVERFORD TOWNSHIP, founded in 1912, is a small nonprofit in the Public Safety sector that reported $255K in total revenue in fiscal year 2023. Expenses of $317K exceeded revenue, resulting in a 25% operating deficit.

Mission

SAVING THE LIVES OF THE RESIDENTS OF HAVERFORD TOWNSHIP FROM FIRE OR CHEMICAL HAZARDS

Program Service Accomplishments

Program 1

Expenses: $152,836 Revenue: $231,990

FIRE & RESCUE CALLS

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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 (2023)

Revenue Breakdown

Contributions & Grants $231,990

Program Service Revenue $0

Investment Income $22,551

Other Revenue $0

TOTAL REVENUE $254,541

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $11,618

Program Expenses $152,836

Other Expenses $317,024

TOTAL EXPENSES $317,024

Year-over-Year Comparison

	2023	2022	Change
Revenue	$254,541	$260,846	0.0%
Expenses	$317,024	$257,911	+0.2%
Net Income	$-62,483	$2,935	-22.3%

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

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
MICHAEL KELLY	PRESIDENT	15.00	Officer Director	$0	$0	$0
JAMES MCGOLDRICK	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
WILLIAM HATTON SR	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
TREASURER	WILLIAM EASTON	15.00	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	No data	No data	No data	No data
2023	$254,541	$317,024	$2,740,838	$-62,483
2022	$260,846	$257,911	$2,903,824	$2,935
2021	$237,482	$248,446	$2,996,606	$-10,964
2020	$286,517	$236,261	$3,098,729	$50,256
2019	$277,460	$223,641	$3,135,291	$53,819
2018	$208,103	$209,698	$3,164,154	$-1,595

OAKMONT FIRE COMPANY #1 OF HAVERFORD TOWNSHIP