BERLIN FIRE COMPANY INC (EIN 526073074) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1910

Legal Domicile

Principal Officer

DAVID FITZGERALD

Phone

4106411977

Tax Period

2024-07-01 to 2025-06-30

BERLIN FIRE COMPANY INC, founded in 1910, is a small nonprofit that reported $885K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Net assets of $5.2M represent 70 months of operating reserves.

Mission

TO PROTECT LIFE AND PROPERTY BY PROVIDING FIRE, RESCUE & EMERGENCY SERVICE TO THE RESIDENCES AND BUSINESSES OF THE TOWN OF BERLIN AND SURROUNDING COMMUNITY

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $857,857

Program Service Revenue $0

Investment Income $13,100

Other Revenue $13,549

TOTAL REVENUE $884,506

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $3,609

Program Expenses $886,130

Other Expenses $896,604

TOTAL EXPENSES $896,604

Year-over-Year Comparison

	2024	2023	Change
Revenue	$884,506	$984,950	-0.1%
Expenses	$896,604	$870,083	+0.0%
Net Income	$-12,098	$114,867	-1.1%

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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
DAVID BRADFORD	BOARD MEMBE	2.00	Director	$0	$0	$0
TROY CROOM	BOARD MEMBER	2.00	Director	$0	$0	$0
RON ECKMAN	BOARD MEMBER	2.00	Director	$0	$0	$0
DAVID FITZGERALD	PRESIDENT	16.00	Officer Director	$0	$0	$0
HAROLD SISE JR	CHAIRMAN	2.00	Director	$0	$0	$0
ROBERT TAYLOR	BOARD MEMBER	2.00	Director	$0	$0	$0
CHARLIE TOWNSEND	BOARD MEMBER	2.00	Director	$0	$0	$0
GINO CAROZZA	TREASURER	2.00	Officer	$0	$0	$0
BILL TILGHMAN	VICE PRES.	2.00	Officer	$0	$0	$0
VACANT	SECRETARY	N/A	Officer	$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	$884,506	$896,604	$7,113,483	$-12,098
2024	$984,950	$870,083	$7,228,415	$114,867
2023	$706,062	$760,002	$7,435,695	$-53,940
2022	$714,509	$801,350	$5,107,668	$-86,841
2021	$748,129	$726,282	$5,327,534	$21,847
2020	$788,118	$711,703	$5,472,793	$76,415
2019	$993,559	$779,301	$5,255,247	$214,258

BERLIN FIRE COMPANY INC