HAMPDEN TOWNSHIP VOLUNTEER FIRE COMPANY NO 1 RELIEF ASSOCIATION (EIN 251832040) - 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

1994

Legal Domicile

Principal Officer

MIKE TAYLOR

Phone

7177307208

Tax Period

2024-01-01 to 2024-12-31

HAMPDEN TOWNSHIP VOLUNTEER FIRE COMPANY NO 1 RELIEF ASSOCIATION, founded in 1994, is a small nonprofit in the Public Safety sector that reported $397K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $651K exceeded revenue, resulting in a 64% operating deficit.

Mission

THE RELIEF ASSOCIATION PROVIDES SERVICES TO THE MEMBERS IN ACCORDANCE WITH THE PENNSYLVANIA VOLUNTEER FIREFIGHTERS RELIEF ASSOCIATION ACT.

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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 $267,899

Program Service Revenue $0

Investment Income $124,704

Other Revenue $4,444

TOTAL REVENUE $397,047

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $641,093

Other Expenses $651,191

TOTAL EXPENSES $651,191

Year-over-Year Comparison

	2024	2023	Change
Revenue	$397,047	$315,438	+0.3%
Expenses	$651,191	$484,285	+0.3%
Net Income	$-254,144	$-168,847	+0.5%

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
MIKE TAYLOR	PRESIDENT	1.00	Officer Director	$0	$0	$0
DENELLE OWEN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
KATHY PROSSER	TREASURER	1.00	Officer Director	$0	$0	$0
MELISSA WASHBURN	SECRETARY	1.00	Officer Director	$0	$0	$0
MARTIN HERMAN	TRUSTEE	1.00	Director	$0	$0	$0
BRENT VERNON	TRUSTEE	1.00	Director	$0	$0	$0
CHARLIE BRIDGER	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	$397,047	$651,191	$899,776	$-254,144
2023	$315,438	$484,285	$1,184,638	$-168,847
2022	$648,667	$638,806	$1,266,200	$9,861
2021	$226,417	$132,641	$1,415,053	$93,776
2020	$232,293	$168,901	$1,215,760	$63,392
2019	$242,772	$225,158	$1,106,618	$17,614
2018	$219,818	$330,237	$979,820	$-110,419

HAMPDEN TOWNSHIP VOLUNTEER FIRE COMPANY NO 1 RELIEF ASSOCIATION