THE GLASCO FIRE COMPANY (EIN 300665067) - 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

1900

Legal Domicile

Principal Officer

ANTHONY GALLO

Phone

8452469600

Tax Period

2024-01-01 to 2024-12-31

THE GLASCO FIRE COMPANY, founded in 1900, is a small nonprofit in the Public Safety sector that reported $145K in total revenue in fiscal year 2024. Expenses of $124K left a modest 14% surplus.

Mission

TO PROVIDE FIRE PROTECTION SERVICES

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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 $63,880

Program Service Revenue $0

Investment Income $17,886

Other Revenue $63,506

TOTAL REVENUE $145,272

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $16,209

Program Expenses $89,929

Other Expenses $124,228

TOTAL EXPENSES $124,228

Year-over-Year Comparison

	2024	2023	Change
Revenue	$145,272	$138,622	+0.0%
Expenses	$124,228	$97,728	+0.3%
Net Income	$21,044	$40,894	-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

130

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
JON CRAFT	RECORDING SE	5.00	Officer Director	$0	$0	$0
MARK DEPASQUALE	TREASURER	5.00	Officer Director	$0	$0	$0
ANTHONY GALLO	PRESIDENT	5.00	Officer Director	$0	$0	$0
JOHN HANZL	FINANCIAL SE	5.00	Officer Director	$0	$0	$0
SEAN SASSO	VICE PRESIDE	5.00	Officer 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	$145,272	$124,228	$570,929	$21,044
2023	$138,622	$97,728	$524,874	$40,894
2022	$73,192	$93,232	$444,591	$-20,040
2021	$170,696	$67,933	$464,631	$102,763
2020	$101,176	$69,117	$361,868	$32,059
2019	$103,487	$58,543	$329,809	$44,944
2018	$101,486	$74,136	$284,865	$27,350

THE GLASCO FIRE COMPANY