BON AIR FIRE COMPANY

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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

1918

Legal Domicile

Principal Officer

THOMAS BORAN III

Phone

6108532115

Tax Period

2024-01-01 to 2024-12-31

BON AIR FIRE COMPANY, founded in 1918, is a small nonprofit that reported $127K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $45K, a strong 36% operating margin.

Mission

FIRE PREVENTION AND PROTECTION

Program Service Accomplishments

Program 1

Expenses: $73,870

BON AIR FIRE COMPANY IS ONE OF FIVE FIRE COMPANIES THAT PROVIDE FIRE PREVENTION AND PROTECTION TO THE APPROXIMATELY 50,000 RESIDENTS OF HAVERFORD TOWNSHIP AND RESPONDED TO APPROXIMATELY 200 FIRE...

BON AIR FIRE COMPANY IS ONE OF FIVE FIRE COMPANIES THAT PROVIDE FIRE PREVENTION AND PROTECTION TO THE APPROXIMATELY 50,000 RESIDENTS OF HAVERFORD TOWNSHIP AND RESPONDED TO APPROXIMATELY 200 FIRE CALLS IN 2024. THE FIRE COMPANY CONDUCTS WEEKLY TRAINING DRILLS ALONG WITH ANNUAL FIRE PREVENTION CAMPAIGN AND NUMEROUS COMMUNITY PROGRAMS

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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 $88,150

Program Service Revenue $0

Investment Income $15,357

Other Revenue $23,854

TOTAL REVENUE $127,361

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $4,059

Program Expenses $73,870

Other Expenses $81,988

TOTAL EXPENSES $81,988

Year-over-Year Comparison

	2024	2023	Change
Revenue	$127,361	$100,766	+0.3%
Expenses	$81,988	$151,518	-0.5%
Net Income	$45,373	$-50,752	-1.9%

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
THOMAS BORAN III	PRESIDENT	10.00	Officer Director	$0	$0	$0
DAVE JOHNSTON	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
PAUL DESANTIS	TREASURER	1.00	Officer Director	$0	$0	$0
THOMAS BORAN IV	FINANCIAL SECRETARY	1.00	Officer Director	$0	$0	$0
ROB SANDY	RECORDING SECRETARY	2.00	Officer Director	$0	$0	$0
EDWARD IRAZARRY	FIRE CHIEF	20.00	Officer Director	$0	$0	$0
ANDY SIVAK	DIRECTOR	2.00	Officer Director	$0	$0	$0
LYNDA JOHNSTON	DIRECTOR	1.00	Officer Director	$0	$0	$0
MARK HAEBERLEN	DIRECTOR	1.00	Officer Director	$0	$0	$0
FRED AMATUCCI	DIRECTOR	1.00	Officer Director	$0	$0	$0
TIM SUDALL	DIRECTOR	1.00	Officer Director	$0	$0	$0
MAGGIE COOPER	DIRECTOR	1.00	Officer Director	$0	$0	$0
CECILIA GERARD	AT LARGE DIRECTOR	1.00	Officer Director	$0	$0	$0
LISA BILIDREN	AT LARGE DIRECTOR	1.00	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
2025	No data	No data	No data	No data
2024	$127,361	$81,988	$519,030	$45,373
2023	$100,766	$151,518	$473,657	$-50,752
2022	$136,672	$81,221	$524,109	$55,451
2021	$172,706	$127,039	$530,544	$45,667
2020	$138,828	$76,475	$484,778	$62,353
2019	$121,108	$162,954	$422,053	$-41,846
2018	$127,263	$168,334	$463,899	$-41,071