ALTMAR, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ALTMAR VOLUNTEER FIRE DEPT INC, founded in 2013, is a small nonprofit in the Public Safety sector that reported $165K in total revenue in fiscal year 2024. Revenue fell 34% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $52K, a strong 32% operating margin.
THE ALTMAR VOLUNTEER FIRE DEPT., INC. WAS INCORPORATED ON MARCH 26, 2013 AND BEGAN PROVIDING SERVICES TO THE TOWN OF ALBION ON JUNE 1, 2013 FOLLOWING THE DISSOLUTION OF THE VILLAGE OF ALTMAR. THE PURPOSE OF THE ORGANIZATION, AS STATED IN THE ARTICLES OF INCORPORATION IS TO "PROVIDE FIREFIGHTING, TRAINING, PREVENTION AND ALL OTHER RELATED ACTIVITIES FOR PROVIDING THESE SERVICES." THE ORGANIZATION IS COMPOSED SOLELY OF VOLUNTEERS WHO, AS TRAINED AND CERTIFIED FIRE FIGHTERS, RESPOND TO NOTIFICATIONS PROVIDED BY EMERGENCY SERVICES AND OTHERS BY "ALARM, OR TELEPHONE OR IN ANY OTHER MANNER" TO "DILIGENTLY AND IN EVERYWAY REASONABLY SUGGESTED TO EXTINGUISH THE FIRE AND TO SAVE LIFE AND PROPERTY IN CONNECTION THEREIN."
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $164,579 | $248,570 | -0.3% |
| Expenses | $112,537 | $117,034 | 0.0% |
| Net Income | $52,042 | $131,536 | -0.6% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CARL W HOLCOMB | VICE PRESIDENT | 15.00 |
Officer
|
$0 | $0 | $0 |
| LEE MARSDEN | PRESIDENT | 5.00 |
Officer
|
$0 | $0 | $0 |
| DANIEL R COLLINS | SECRETARY | 5.00 |
Officer
|
$0 | $0 | $0 |
| MARYELLEN HAYNES | TREASURER | 5.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $164,579 | $112,537 | $502,462 | $52,042 |
| 2023 | $248,570 | $117,034 | $471,308 | $131,536 |
| 2022 | $163,294 | $132,236 | $360,659 | $31,058 |
| 2021 | $150,366 | $134,414 | $350,478 | $15,952 |
| 2020 | $135,434 | $110,644 | $351,295 | $24,790 |
| 2019 | $128,492 | $106,809 | $234,786 | $21,683 |
| 2018 | $246,591 | $120,219 | $237,084 | $126,372 |
Compare ALTMAR VOLUNTEER FIRE DEPT INC with other nonprofits in New York and across the country.