Rescue Hose & Ladder Company (EIN 250900724) - 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

1905

Legal Domicile

Principal Officer

Robert Shearer

Phone

8142360390

Tax Period

2023-01-01 to 2023-12-31

Rescue Hose & Ladder Company, founded in 1905, is a community nonprofit in the Public Safety sector that reported $1.1M in total revenue in fiscal year 2023.

Mission

To provide fire protection for the town and coordiante coverage for the surrounding communitees. The ambulance association provides protection coverge for the same areas.

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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 $126,765

Program Service Revenue $776,137

Investment Income $1,087

Other Revenue $182,810

TOTAL REVENUE $1,086,799

Expense Breakdown

Grants Paid $2,098

Salaries & Benefits $607,233

Fundraising Expenses $462

Program Expenses $1,056,825

Other Expenses $468,546

TOTAL EXPENSES $1,077,877

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,086,799	$1,042,389	+0.0%
Expenses	$1,077,877	$1,030,348	+0.0%
Net Income	$8,922	$12,041	-0.3%

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

Volunteers

564

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

$48,985

Total Directors

$48,985

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Robert Shearer	Treasurer	40.00	Officer Director	$47,558	$1,427	$48,985
Brenda Barrett	Social Club Manager	0.00		$43,680	$1,310	$44,990
Megan Witherite	EMS Supervisor	0.00		$39,700	$1,191	$40,891
David McClure	President	1.00	Officer Director	$0	$0	$0
Marc Hatten	Vice President	1.00	Officer Director	$0	$0	$0
Curt Bloom	Secretary	1.00	Officer Director	$0	$0	$0
Heidi Collins	Financial Secre	1.00	Director	$0	$0	$0
Shawn Fye	Fire Chief	20.00	Director	$0	$0	$0
Michael Bell	EMS Chairman	1.00	Director	$0	$0	$0
Zachary McGary	House Chairman	1.00	Director	$0	$0	$0
Jason Bloom	Trustee	1.00	Director	$0	$0	$0
Kyle Bloom	Head Trustee	1.00	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
2023	$1,086,799	$1,077,877	$558,977	$8,922
2022	$1,042,389	$1,030,348	$570,949	$12,041
2021	$910,190	$825,912	$334,980	$84,278
2020	$929,246	$799,605	$271,462	$129,641
2019	$800,695	$809,013	$162,715	$-8,318
2018	$1,355,340	$1,352,201	$192,173	$3,139

Rescue Hose & Ladder Company