THE NARROWSBURG FIRE DEPARTMENT INC

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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

1902

Legal Domicile

Principal Officer

CHARLES E KNAPP JR

Phone

8452523328

Tax Period

2024-04-01 to 2025-03-31

THE NARROWSBURG FIRE DEPARTMENT INC, founded in 1902, is a small nonprofit in the Public Safety sector that reported $149K in total revenue in fiscal year 2024. The organization ran a surplus of $98K, a strong 66% operating margin.

Mission

THE PRESERVATION AND PROTECTION OF LIFE AND PROPERTY FROM AND DURING FIRES AND OTHER EMERGENCIES WITHIN THE NARROWSBURG FIRE DISTRICT, THE TUSTEN PROTECTION DISTRICT AND THE VICINITY OF NARROWSBURG, NY.

Program Service Accomplishments

Program 1

Expenses: $47,222 Revenue: $42,413

THE PRESERVATION AND PROTECTION OF LIFE AND PROPERTY FROM AND DURING FIRES

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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 $50,892

Program Service Revenue $42,413

Investment Income $52,041

Other Revenue $3,606

TOTAL REVENUE $148,952

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $47,222

Other Expenses $50,487

TOTAL EXPENSES $50,487

Year-over-Year Comparison

	2024	2023	Change
Revenue	$148,952	$142,763	+0.0%
Expenses	$50,487	$41,658	+0.2%
Net Income	$98,465	$101,105	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

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
ANN BUDDENHAGEN	VICE-PRESIDE	N/A	Director	$0	$0	$0
DAVID CASEY	CHIEF	N/A	Director	$0	$0	$0
ANGELA KELLY	EXEC COMM ME	N/A	Director	$0	$0	$0
MICHAEL KELLY	TRUSTEE	N/A	Director	$0	$0	$0
DON NEIGER	EXEC COMM ME	N/A	Director	$0	$0	$0
CRAIG BURKLE	PRESIDENT	N/A	Officer	$0	$0	$0
ARTHUR HAWKER	SECRETARY	N/A	Officer	$0	$0	$0
CHARLES E KNAPP JR	TREASURER	N/A	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	$148,952	$50,487	$700,891	$98,465
2024	$142,763	$41,658	$603,179	$101,105
2023	$74,133	$52,323	$500,979	$21,810