HOLMDEL FIRE AND RESCUE COMPANY # 2 INC

EIN: 270141940 501(c)(3) Public Safety

HOLMDEL, NJ

Total Revenue
$57,557
Total Expenses
$45,655
Total Assets
$42,216
Net Assets
$42,216
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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
2006
Legal Domicile
NJ
Principal Officer
Steve Turner
Phone
7328325403
Tax Period
2018-01-01 to 2018-12-31

HOLMDEL FIRE AND RESCUE COMPANY # 2 INC, founded in 2006, is a micro nonprofit in the Public Safety sector that reported $58K in total revenue in fiscal year 2018. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $12K, a strong 21% operating margin.

Mission

Volunteer Fire Department serving the Township of Holmdel

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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%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $57,557
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $57,557

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $44,784
Other Expenses $45,655
TOTAL EXPENSES $45,655

Year-over-Year Comparison

2018 2017 Change
Revenue $57,557 $48,767 +0.2%
Expenses $45,655 $37,427 +0.2%
Net Income $11,902 $11,340 +0.0%
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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
50

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason Dulow President 15.00
Officer Director
$0 $0 $0
Adam Korda Vice President 15.00
Officer Director
$0 $0 $0
Eric Hernando Secretary 15.00
Officer Director
$0 $0 $0
Samantha Farrell Treasurer 15.00
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
2018 $57,557 $45,655 $42,216 $11,902
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