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 $515K in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $291K, a strong 57% 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 2024-2025, volunteers logged 7,500 volunteer hours by responding to 414 emergency calls, attending numerous training sessions and providing support services to the community.
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...
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 2023-24, volunteers logged 8,165 volunteer hours by responding to 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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $514,912 | $400,054 | +0.3% |
| Expenses | $223,955 | $221,565 | +0.0% |
| Net Income | $290,957 | $178,489 | +0.6% |
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 |
| Lucas Sauer | 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 |
| Alexa Meseros | Trustee | 15.00 |
Director
|
$0 | $0 | $0 |
| Steve Knapp | 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 |
|---|---|---|---|---|
| 2025 | $514,912 | $223,955 | $1,182,461 | $290,957 |
| 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.