THE FIRST RESPONSE TEAM OF AMERICA CORP (EIN 262811507) - 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

2008

Legal Domicile

Principal Officer

TAD AGOGLIA

Phone

7174052900

Tax Period

2024-01-01 to 2024-12-31

THE FIRST RESPONSE TEAM OF AMERICA CORP, founded in 2008, is a small nonprofit in the Public Safety sector that reported $703K in total revenue in fiscal year 2024. Revenue surged 98% from the prior year, signaling strong growth momentum. Expenses of $778K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE PRE-POSITIONED, SPECIALIZED HEAVY EQUIPMENT AND EXPERIENCED STAFF, FREE OF CHARGE, IN THE IMMEDIATE WAKE OF DISASTERS. THE TEAM STUDIES WEATHER PATTERNS AND PRE-POSITIONS NEAR STORM LOCATIONS FOR THE PUPOSE OF BEING AN IMMEDIATE SOURCE OF HELP AND HOPE TO COMMUNITIES IN NEED.

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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 $714,636

Program Service Revenue $0

Investment Income $-11,746

Other Revenue $0

TOTAL REVENUE $702,890

Expense Breakdown

Grants Paid $0

Salaries & Benefits $301,179

Fundraising Expenses $39,568

Program Expenses $657,258

Other Expenses $476,486

TOTAL EXPENSES $777,665

Year-over-Year Comparison

	2024	2023	Change
Revenue	$702,890	$354,121	+1.0%
Expenses	$777,665	$762,162	+0.0%
Net Income	$-74,775	$-408,041	-0.8%

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

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

$210,559

Total Directors

$210,559

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TAD AGOGLIA	CEO/CHAIRMAN	40.00	Officer Director	$199,000	$11,559	$210,559
DREW YODER	SECRETARY	0.10	Officer Director	$0	$0	$0
ROBERT MUIR	TREASURER	0.10	Officer Director	$0	$0	$0
STEPHEN MUDD	BOARD MEMBER	0.10	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	$702,890	$777,665	$1,721,893	$-74,775
2023	$354,121	$762,162	$1,776,012	$-408,041
2022	$746,776	$542,905	$2,068,731	$203,871
2021	$481,101	$785,820	$1,473,638	$-304,719
2020	$731,145	$722,210	$1,614,206	$8,935
2019	$719,294	$942,503	$1,603,951	$-223,209
2018	$941,225	$1,276,884	$1,944,928	$-335,659

THE FIRST RESPONSE TEAM OF AMERICA CORP