LAKE CITY, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LAKE CITY FIRE COMPANY, founded in 1923, is a small nonprofit in the Public Safety sector that reported $400K in total revenue in fiscal year 2023. Revenue surged 143% from the prior year, signaling strong growth momentum. The organization ran a surplus of $178K, a strong 45% operating margin.
The mission of the Lake City Fire Company is to protect the lives and property of the citizens and visitors of the Lake City Community by providing the highest possible levels of service through fire prevention, public education, fire suppression, emergency medical services, rescue operations, and mitigation of the effects of natural and man-made disasters. The company is 100% volunteer. During fiscal year 2019-2020, volunteers logged 9,672 volunteer hours by responding to 520 emergency calls, attending numerous training sessions and providing support services to the community.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $400,054 | $164,671 | +1.4% |
| Expenses | $221,565 | $196,027 | +0.1% |
| Net Income | $178,489 | $-31,356 | -6.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Tim Olesanik | President | 15.00 |
Director
|
$0 | $0 | $0 |
| Matt Kremer | Trustee | 10.00 |
Director
|
$0 | $0 | $0 |
| Thomas Hosack | Fire Chief | 25.00 |
Director
|
$0 | $0 | $0 |
| Marcia Mesaros | Secretary | 15.00 |
Director
|
$0 | $0 | $0 |
| Chris Cashdollar | Assistant Chief | 15.00 |
Director
|
$0 | $0 | $0 |
| Eric Gray | Trustee | 15.00 |
Director
|
$0 | $0 | $0 |
| Jim Gross | Assistant Chief | 15.00 |
Director
|
$0 | $0 | $0 |
| Dave Isles | Trustee | 15.00 |
Director
|
$0 | $0 | $0 |
| Lindsay Weidler | Vice President | 15.00 |
Director
|
$0 | $0 | $0 |
| Greg Summerson | Assistant Chief | 10.00 |
Officer
|
$0 | $0 | $0 |
| Brian Mesaros | Treasurer | 10.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $400,054 | $221,565 | $1,076,372 | $178,489 |
| 2023 | $164,671 | $196,027 | $899,495 | $-31,356 |
| 2022 | $284,509 | $237,486 | $930,335 | $47,023 |
| 2021 | $203,481 | $221,357 | $882,135 | $-17,876 |
| 2020 | $174,544 | $244,817 | $900,375 | $-70,273 |
| 2019 | $408,169 | $345,746 | $1,000,798 | $62,423 |
| 2018 | $176,272 | $276,316 | $933,251 | $-100,044 |
Compare LAKE CITY FIRE COMPANY with other nonprofits in Pennsylvania and across the country.