COLUMBIA FIRE COMPANY NO 1

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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

1909

Legal Domicile

Principal Officer

ROBERT GOFFREDO SR

Phone

6105880597

Tax Period

2024-01-01 to 2024-12-31

COLUMBIA FIRE COMPANY NO 1, founded in 1909, is a small nonprofit in the Public Safety sector that reported $501K in total revenue in fiscal year 2024. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $432K left a modest 14% surplus.

Mission

PROVIDE FIRE RELATED SERVICES TO THE RESIDENTS OF ROSETO BORO (PA) AND SURROUNDING COMMUNITIES

Program Service Accomplishments

Program 1

PROVIDE FIRE RELATED SERVICES TO THE RESIDENTS OF ROSETO BORO (PA) AND SURROUNDING COMMUNITIES

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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 $369,551

Program Service Revenue $0

Investment Income $11,263

Other Revenue $120,447

TOTAL REVENUE $501,261

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $431,613

Other Expenses $431,613

TOTAL EXPENSES $431,613

Year-over-Year Comparison

	2024	2023	Change
Revenue	$501,261	$265,350	+0.9%
Expenses	$431,613	$183,653	+1.4%
Net Income	$69,648	$81,697	-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

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
ROBERT CAMPANARO	DIRECTOR	2.00	Director	$0	$0	$0
MATTHEW GOFFREDO	DIRECTOR	2.00	Director	$0	$0	$0
NICOLAS A MARTINO	DIRECTOR	2.00	Director	$0	$0	$0
RONALD HULSIZER	OFFICER	5.00	Officer	$0	$0	$0
ROBERT GOFFREDO JR	OFFICER	2.00	Officer	$0	$0	$0
JOSEPH A MARTOCCI	OFFICER	2.00	Officer	$0	$0	$0
ROBERT GOFFREDO SR	TREASURER	5.00	Officer	$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	$501,261	$431,613	$944,116	$69,648
2023	$265,350	$183,653	$507,739	$81,697
2022	$222,312	$172,813	$411,619	$49,499