Old Salem Fire and Rescue Department Inc (EIN 581761552) - Form 990 Financial Analysis & Trantor Score

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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

1988

Legal Domicile

Principal Officer

Jeff Harden

Phone

7064534693

Tax Period

2018-10-01 to 2019-09-30

Old Salem Fire and Rescue Department Inc, founded in 1988, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2018. Revenue grew 14% year-over-year, indicating healthy expansion. Expenses of $1.2M left a modest 4% surplus.

Mission

Fire protection and rescue and emergency services.

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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 (2018)

Revenue Breakdown

Contributions & Grants $972,458

Program Service Revenue $0

Investment Income $3,007

Other Revenue $230,550

TOTAL REVENUE $1,206,015

Expense Breakdown

Grants Paid $0

Salaries & Benefits $563,527

Fundraising Expenses $0

Program Expenses $1,096,487

Other Expenses $590,092

TOTAL EXPENSES $1,153,619

Year-over-Year Comparison

	2018	2017	Change
Revenue	$1,206,015	$1,060,479	+0.1%
Expenses	$1,153,619	$1,359,678	-0.2%
Net Income	$52,396	$-299,199	-1.2%

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

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
Garry Evans	Director	1.00	Director	$0	$0	$0
Harry Herrman	Treasurer	5.00	Officer Director	$0	$0	$0
Rick Stramek	Director	1.00	Director	$0	$0	$0
William Kelly	Secretary	1.00	Officer Director	$0	$0	$0
David Vickery	Vice President	1.00	Officer Director	$0	$0	$0
Jeff Harden	President	2.00	Officer Director	$0	$0	$0
Joann McDade	Director	0.00	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
2019	$1,206,015	$1,153,619	$245,885	$52,396
2018	$1,060,479	$1,359,678	$193,489	$-299,199

Old Salem Fire and Rescue Department Inc