WESTMINSTER FIRE ENGINE & HOSE CO NO 1 INC

EIN: 520527635 501(c)(3) Public Safety

WESTMINSTER, MD

Total Revenue
$1,118,535
Total Expenses
$1,383,784
Total Assets
$6,906,635
Net Assets
$6,341,532
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1879
Legal Domicile
MD
Principal Officer
DAN PLUNKERT
Phone
4108481800
Tax Period
2023-07-01 to 2024-06-30

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.

Mission

TO PROVIDE QUALITY EMERGENCY SERVICES TO OUR COMMUNITY THROUGH COMBINED TEAM EFFORTS TO ENHANCE OUR ABILITY TO PROTECT LIFE, PROPERTY, AND THE ENVIRONMENT.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $978,664
Program Service Revenue $115,306
Investment Income $-66,938
Other Revenue $91,503
TOTAL REVENUE $1,118,535

Expense Breakdown

Grants Paid $0
Salaries & Benefits $165,609
Fundraising Expenses $17,782
Program Expenses $1,045,974
Other Expenses $1,218,175
TOTAL EXPENSES $1,383,784

Year-over-Year Comparison

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%
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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
2
Volunteers
150

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
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
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
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 $1,118,535 $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
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare WESTMINSTER FIRE ENGINE & HOSE CO NO 1 INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.