FIRE DEPARTMENT TRAINING NETWORK INC (EIN 352146672) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

JAMES M MCCORMACK

Phone

3178629679

Tax Period

2024-01-01 to 2024-12-31

FIRE DEPARTMENT TRAINING NETWORK INC, founded in 2001, is a community nonprofit in the Education sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. The organization ran a surplus of $229K, a strong 18% operating margin.

Mission

TO HELP FIRE FIGHTERS BE THE BEST THEY CAN BE AT WHAT THEY DO WHILE PROVIDING THEM WITH INFORMATION TO OPERATE SAFELY AND WITHOUT INJURY OR DEATH AT THE SCENE OF AN EMERGENCY.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $196,854

Program Service Revenue $1,052,945

Investment Income $-4,488

Other Revenue $10,622

TOTAL REVENUE $1,255,933

Expense Breakdown

Grants Paid $0

Salaries & Benefits $120,663

Fundraising Expenses $0

Program Expenses $769,369

Other Expenses $906,611

TOTAL EXPENSES $1,027,274

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,255,933	$1,518,438	-0.2%
Expenses	$1,027,274	$1,062,025	0.0%
Net Income	$228,659	$456,413	-0.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN DIXON	DIRECTOR	N/A	Director	$0	$0	$0
DAVID HAYWARD	DIRECTOR	N/A	Director	$0	$0	$0
JAMES M MCCORMACK	PRESIDENT	N/A	Officer Director	$0	$0	$0
JAMES M MCCORMACK	VICE-PRES	N/A	Officer Director	$0	$0	$0
JAMES M MCCORMACK	TREASURER	N/A	Officer Director	$0	$0	$0
JAMES M MCCORMACK	DIRECTOR	N/A	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
2025	No data	No data	No data	No data
2024	$1,255,933	$1,027,274	$2,428,257	$228,659
2023	$1,518,438	$1,062,025	$2,203,372	$456,413
2022	$1,250,297	$935,883	$1,711,092	$314,414
2021	$1,042,713	$749,929	$1,419,825	$292,784
2020	$819,957	$639,295	$1,136,453	$180,662
2019	$814,071	$758,551	$950,517	$55,520
2018	$821,521	$771,122	$903,038	$50,399

FIRE DEPARTMENT TRAINING NETWORK INC