Citizens Hose Company 1 Inc (EIN 256067055) - 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

1947

Legal Domicile

Principal Officer

Kevin Tripp

Tax Period

2023-01-01 to 2023-12-31

Citizens Hose Company 1 Inc, founded in 1947, is a small nonprofit that reported $621K in total revenue in fiscal year 2023. Revenue surged 643% from the prior year, signaling strong growth momentum. The organization ran a surplus of $526K, a strong 85% operating margin.

Mission

The organizations mission is to provide fire fighting services to the community. Their activities include maintaining the fire house, repairing and maintaining the fire trucks and purchasing new and used fire fighting equipment

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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 $570,464

Program Service Revenue $0

Investment Income $12,738

Other Revenue $37,504

TOTAL REVENUE $620,706

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $67,882

Other Expenses $94,674

TOTAL EXPENSES $94,674

Year-over-Year Comparison

	2023	2022	Change
Revenue	$620,706	$83,559	+6.4%
Expenses	$94,674	$96,630	0.0%
Net Income	$526,032	$-13,071	-41.2%

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

N/A

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
Kyle Stewart	Treasurer	1.00	Officer	$0	$0	$0
Matthew Carter	Secretary	2.00	Officer	$0	$0	$0
Kevin Tripp	President	2.00	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	No data	No data	No data	No data
2023	$620,706	$94,674	$1,970,796	$526,032
2022	$83,559	$96,630	$1,296,829	$-13,071
2021	$80,549	$99,799	$1,315,482	$-19,250
2020	$86,980	$64,745	$1,318,303	$22,235
2019	$58,962	$102,895	$1,292,036	$-43,933
2018	$122,390	$43,523	$1,335,417	$78,867

Citizens Hose Company 1 Inc