HOPELAWN ENGINE CO 1

EIN: 273779691 501(c)(3) Public Safety

HOPELAWN, NJ

Total Revenue
$266,087
Total Expenses
$322,575
Total Assets
$47,757
Net Assets
$47,757
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NJ
Principal Officer
BRIAN TURCOTTE
Tax Period
2025-01-01 to 2025-12-31

HOPELAWN ENGINE CO 1, founded in 1990, is a small nonprofit in the Public Safety sector that reported $266K in total revenue in fiscal year 2025. Expenses of $323K exceeded revenue, resulting in a 21% operating deficit.

Mission

TO RESPOND TO FIRES IN TOWN AND TO PARTICIPATE IN COMMUNITY EVENTS TO PROMOTE COMRADERY AMONG FIREMEN WHO MUST WORK TOGETHER AS A TEAM.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $4,100
Program Service Revenue $253,619
Investment Income $0
Other Revenue $8,368
TOTAL REVENUE $266,087

Expense Breakdown

Grants Paid $0
Salaries & Benefits $237,713
Fundraising Expenses $2,041
Program Expenses $317,335
Other Expenses $84,862
TOTAL EXPENSES $322,575

Year-over-Year Comparison

2025 2024 Change
Revenue $266,087 $259,341 +0.0%
Expenses $322,575 $245,745 +0.3%
Net Income $-56,488 $13,596 -5.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
25
Independent Members
N/A
Employees
16
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN TURCOTTE PRESIDENT 003.00
Officer
$0 $0 $0
MICHAEL WALSH VICE PRESIDENT 003.00
Officer
$0 $0 $0
MARTIN BAILON TREASURER 003.00
Officer
$0 $0 $0
SARINA RODRIGUEZ SECRETARY 003.00
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
2025 $266,087 $322,575 $47,757 $-56,488
2024 $259,341 $245,745 $104,245 $13,596
2023 $245,962 $189,421 $90,649 $56,541
2022 $177,319 $162,127 $89,298 $15,192
2021 $165,414 $162,228 $19,106 $3,186
2020 $148,718 $144,600 $15,920 $4,118
2019 $144,464 $146,728 $11,802 $-2,264
2018 $146,675 $142,192 $14,066 $4,483
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HOPELAWN ENGINE CO 1 with other nonprofits in New Jersey and across the country.