HOME FIRE SPRINKLER COALITION 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

2007

Legal Domicile

Principal Officer

LORRAINE CARLI

Phone

8775504372

Tax Period

2023-01-01 to 2023-12-31

HOME FIRE SPRINKLER COALITION INC, founded in 2007, is a small nonprofit in the Public Safety sector that reported $512K in total revenue in fiscal year 2023. Revenue fell 38% from the prior year — a significant decline worth monitoring.

Mission

HOME FIRE SPRINKLER SAFETY EDUCATION

Program Service Accomplishments

Program 1

Expenses: $477,582

THE PURPOSE OF THE CORPORATION SHALL BE TO IMPROVE THE LIFE SAFETY AND FIRE PROTECTION THROUGH EDUCATIONAL PROGRAMS FOR FIRE SERVICE, CONSUMERS, BUILDERS AND COMMUNITY PLANNERS AND OTHERS ON THE...

THE PURPOSE OF THE CORPORATION SHALL BE TO IMPROVE THE LIFE SAFETY AND FIRE PROTECTION THROUGH EDUCATIONAL PROGRAMS FOR FIRE SERVICE, CONSUMERS, BUILDERS AND COMMUNITY PLANNERS AND OTHERS ON THE BENEFITS OF HOME FIRE SPRINKLERS, WITH A PARTICULAR EMPHASIS ON NEW CONSTRUCTION OF ONE AND TWO FAMILY DWELLINGS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $511,662

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $511,662

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $477,582

Other Expenses $526,277

TOTAL EXPENSES $526,277

Year-over-Year Comparison

	2023	2022	Change
Revenue	$511,662	$827,077	-0.4%
Expenses	$526,277	$822,070	-0.4%
Net Income	$-14,615	$5,007	-3.9%

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
LORRAINE CARLI	PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBERT CAPUTO	SECRETARY	1.00	Officer Director	$0	$0	$0
VICKIE PRITCHETT	TREASURER	1.00	Officer Director	$0	$0	$0
MICHAEL SPAZIANI	DIRECTOR	1.00	Director	$0	$0	$0
AMY ACTON	DIRECTOR	1.00	Director	$0	$0	$0
JEFF FEID	DIRECTOR	1.00	Director	$0	$0	$0
ZOE SUSICE	DIRECTOR	1.00	Director	$0	$0	$0
BRUCE BOUCH	DIRECTOR	1.00	Director	$0	$0	$0
BUTCH BROWNING	DIRECTOR	1.00	Director	$0	$0	$0
KEVIN QUINN	DIRECTOR	1.00	Director	$0	$0	$0
SHANE RAY	DIRECTOR	1.00	Director	$0	$0	$0
RON SIARNICKI	DIRECTOR	1.00	Director	$0	$0	$0
JO-ANN GAUTHIER	DIRECTOR	1.00	Director	$0	$0	$0
MAYA MILARDOVIC	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL O'BRIAN	DIRECTOR	1.00	Director	$0	$0	$0
TINA SARYEDDINE	DIRECTOR	1.00	Director	$0	$0	$0
JOHN AUGUST DENHARDT	DIRECTOR	1.00	Director	$0	$0	$0
GREG ROGERS	DIRECTOR	1.00	Director	$0	$0	$0
VICTOR STAGNARO	DIRECTOR	1.00	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
2024	No data	No data	No data	No data
2023	$511,662	$526,277	$203,342	$-14,615
2022	$827,077	$822,070	$206,207	$5,007
2021	$549,156	$560,360	$236,056	$-11,204
2020	$469,910	$506,326	$223,461	$-36,416
2019	$527,992	$544,176	$234,142	$-16,184
2018	$983,769	$940,624	$288,822	$43,145