WESTMINSTER, MD
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)WESTMINSTER FIRE ENGINE & HOSE CO NO 1 INC, founded in 1879, is a community nonprofit in the Public Safety sector that reported $1.1M in total revenue in fiscal year 2023. Revenue fell 70% from the prior year — a significant decline worth monitoring. Expenses of $1.4M exceeded revenue, resulting in a 24% operating deficit.
THE WESTMINSTER FIRE ENGINE AND HOSE CO. NO. 1, INC. IS DEDICATED TO PROVIDING QUALITY EMERGENCY SERVICES TO OUR COMMUNITY THROUGH THE COMBINED TEAM EFFORTS OF OUR MEMBERS, THE LOCAL GOVERNMENT ORGANIZATIONS, AND THE CITIZENS OF OUR COMMUNITY TO ENHANCE OUR ABILITY TO PROTECT LIFE, PROPERTY, AND THE ENVIRONMENT.
THE WESTMINSTER FIRE ENGINE AND HOSE COMPANY NO.1 PROVIDES QUALITY EMERGENCY SERVICES TO THE COMMUNITIES WE ARE ENTRUSTED TO PROTECT AND SERVE. OUR MISSION IS TO PROVIDE FOR THE SAFETY AND WELFARE OF...
THE WESTMINSTER FIRE ENGINE AND HOSE COMPANY NO.1 PROVIDES QUALITY EMERGENCY SERVICES TO THE COMMUNITIES WE ARE ENTRUSTED TO PROTECT AND SERVE. OUR MISSION IS TO PROVIDE FOR THE SAFETY AND WELFARE OF OUR COMMUNITY WITH THE COMBINED TEAM EFFORTS OF OUR MEMBERS, THE LOCAL GOVERNMENT ORGANIZATIONS, AND THE CITIZENS THROUGH PREVENTION, PREPARATION, AND PROTECTION. 2024 WAS A HISTORICAL YEAR FOR OUR DEPARTMENT CONCERNING EMERGENCY RESPONSES. FIRE AND EMS COLLECTIVELY RESPONDED TO 7000 CALLS FOR SERVICE, 200 CALLS MORE THAN IN 2023, AND TWICE AS MANY CALLS FOR SERVICE AS THE NEXT CLOSEST DEPARTMENT IN THE COUNTY. OUR RESPONSE TIMES AND VOLUNTEER PERSONNEL PER INCIDENT IMPROVED SIGNIFICANTLY IN 2024, COMPARED TO THE PREVIOUS THREE YEARS, DEMONSTRATING OUR COMMITMENT TO EFFICIENCY AND PROMPT SERVICE. IN 2024, VOLUNTEER TOP RESPONDERS COLLECTIVELY RESPONDED TO OVER 3400 RESPONSES. OUR MEMBERS ARE NOT JUST RESPONDERS, BUT ACTIVE PARTICIPANTS IN OUR COMMUNITY. THEY EDUCATE NUMEROUS COMMUNITY GROUPS AND SCHOOLS ON FIRE PREVENTION, PARTICIPATE IN EVENTS SUCH AS NATIONAL NIGHT OUT, CAMP COPS, AND THE 4H FAIR, AND PROVIDE STANDBY SERVICES TO MANY COUNTY AND CITY FESTIVALS. OUR VERY ACTIVE JUNIOR FIREFIGHTER PROGRAM, LED BY OUR ADULT LEADERS, EDUCATES AND PREPARES OUR YOUTH TO SERVE IN THE FIRE SERVICE, FOSTERING A SENSE OF COMMUNITY INVOLVEMENT AND CONNECTION. OUR VOLUNTEER CADRE CONTINUES TO WORK ALONGSIDE AND STRENGTHEN OUR PROFESSIONAL RELATIONSHIP WITH THE CARROLL COUNTY DEPARTMENT OF FIRE AND EMERGENCY MEDICAL SERVICES (DFEMS) STAFF. OUR PARTNERSHIP WITH DFEMS ALLOWS US TO PROVIDE THE HIGHEST QUALITY OF SERVICE TO OUR COMMUNITY 24/7/365 IN A SAFE, PROMPT, AND PROFESSIONAL MANNER.
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%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,118,535 | $3,765,991 | -0.7% |
| Expenses | $1,383,784 | $3,586,829 | -0.6% |
| Net Income | $-265,249 | $179,162 | -2.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| DAN PLUNKERT | PRESIDENT | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRYAN VAN FOSSEN | 1ST VICE PRE | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| TIMOTHY BANGERD | 1ST VICE PRE | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JIM BANGERD | 2ND VICE PRE | 0.50 |
Officer
Director
|
$0 | $0 | $0 |
| RICHARD KOONS | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROLINE BABYLON | TREASURER | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES FALISE JR | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| TRENT MILLER | BOARD MEMBER | 0.30 |
Director
|
$0 | $0 | $0 |
| JEFF LEPPERT | CHIEF | 40.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $1,118,535 | $1,383,784 | $6,906,635 | $-265,249 |
| 2023 | $3,765,991 | $3,586,829 | $7,224,070 | $179,162 |
| 2022 | $3,523,670 | $3,740,152 | $7,274,184 | $-216,482 |
| 2021 | $3,778,738 | $3,663,146 | $7,821,926 | $115,592 |
| 2020 | $3,451,148 | $3,736,994 | $7,221,479 | $-285,846 |
| 2019 | $3,532,344 | $3,471,717 | $7,492,111 | $60,627 |
| 2018 | $3,494,328 | $3,229,256 | $7,578,228 | $265,072 |
Compare WESTMINSTER FIRE ENGINE & HOSE CO NO 1 INC with other nonprofits in Maryland and across the country.