MINQUAS FIRE COMPANY 1 INC

EIN: 510115440 501(c)(3) Public Safety

WILMINGTON, DE

Total Revenue
$3,042,615
Total Expenses
$2,226,612
Total Assets
$8,523,623
Net Assets
$7,651,859
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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
1909
Legal Domicile
DE
Principal Officer
ROB HARVEY JR
Phone
3029983474
Tax Period
2024-07-01 to 2025-06-30

MINQUAS FIRE COMPANY 1 INC, founded in 1909, is a community nonprofit in the Public Safety sector that reported $3.0M in total revenue in fiscal year 2024. Revenue surged 32% from the prior year, signaling strong growth momentum. The organization ran a surplus of $816K, a strong 27% operating margin.

Mission

TO PROVIDE VOLUNTEER FIRE, PAID RESCUE AND PAID AMBULANCE SERVICES TO THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $1,828,456

VOLUNTEER FIRE AND PAID EMERGENCY SERVICE FOR THE COMMUNITY.

Program 2
Expenses: $9,674

COMMUNITY SUPPORT THOUGH EDUCATION AND COMMUNITY EVENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,125,685
Program Service Revenue $456,248
Investment Income $334,759
Other Revenue $125,923
TOTAL REVENUE $3,042,615

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,210,365
Fundraising Expenses $71,977
Program Expenses $2,107,374
Other Expenses $1,016,247
TOTAL EXPENSES $2,226,612

Year-over-Year Comparison

2024 2023 Change
Revenue $3,042,615 $2,300,371 +0.3%
Expenses $2,226,612 $1,784,606 +0.2%
Net Income $816,003 $515,765 +0.6%
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

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Governance

Voting Members
19
Independent Members
14
Employees
43
Volunteers
30

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
7
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CURT CLIFTON SR VICE PRESIDE N/A
Officer
$0 $0 $0
BRANDON JOHNSON ASSISTANT TR N/A
Officer
$0 $0 $0
ARTHUR JOHNSON TREASURER N/A
Officer
$0 $0 $0
PAT KERR RECORDING SE N/A
Officer
$0 $0 $0
JOE DIEROLF FIRE CHIEF N/A
Director
$0 $0 $0
BRANDON HAMM DEPUTY CHIEF N/A
Director
$0 $0 $0
BRENDAN MAHONEY 1ST ASSISTAN N/A
Director
$0 $0 $0
BRANDI ELLIOTT EMS DIRECTOR N/A
Director
$0 $0 $0
ROBERT SEINSOTH JR CHARIMAN 40.00
Officer Director
$0 $0 $0
CHRISTOPHER WARD DIRECTOR 10.00
Director
$0 $0 $0
NICHOLAS PRICE DIRECTOR 10.00
Director
$0 $0 $0
JOHN SOWINSKI DIRECTOR 40.00
Officer Director
$0 $0 $0
RYAN SCHUYLER 2ND ASSISTAN N/A
Director
$0 $0 $0
ROB HARVEY JR PRESIDENT N/A
Officer
$0 $0 $0
RICH THOMPSON DIRECTOR 10.00
Director
$0 $0 $0
BUCK BROWNLEE DIRECTOR 40.00
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 $3,042,615 $2,226,612 $8,523,623 $816,003
2024 $2,300,371 $1,784,606 $7,904,543 $515,765
2023 $2,195,413 $1,917,173 $6,322,878 $278,240
2022 $1,648,929 $1,460,729 $6,045,716 $188,200
2021 $1,818,601 $1,395,470 $5,977,401 $423,131
2020 $1,613,524 $1,470,375 $5,554,273 $143,149
2019 $1,536,563 $1,431,183 $5,349,538 $105,380
2018 $1,484,571 $1,240,513 $5,390,425 $244,058
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