DONALDSON FIRE COMPANY NO 1 (EIN 800945835) - 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

1925

Legal Domicile

Phone

5706917671

Tax Period

2023-01-01 to 2023-12-31

DONALDSON FIRE COMPANY NO 1, founded in 1925, is a small nonprofit in the Public Safety sector that reported $339K in total revenue in fiscal year 2023. Revenue surged 496% from the prior year, signaling strong growth momentum. The organization ran a surplus of $204K, a strong 60% operating margin.

Mission

PROVIDE FIRE PROTECTION SERVICES FOR THE BOROUGH OF DONALDSON AND NEIGHBORINGCOMMUNITIES. ALL SERVICES ARE PROVIDED BY VOLUNTEER FIREFIGHTERS.

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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 $239,185

Program Service Revenue $0

Investment Income $72,290

Other Revenue $27,852

TOTAL REVENUE $339,327

Expense Breakdown

Grants Paid $35

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $129,449

Other Expenses $135,326

TOTAL EXPENSES $135,361

Year-over-Year Comparison

	2023	2022	Change
Revenue	$339,327	$56,910	+5.0%
Expenses	$135,361	$103,481	+0.3%
Net Income	$203,966	$-46,571	-5.4%

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

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
EDWARD KIMMEL	Trustee	2.00	Director	$0	$0	$0
DAVID HATTER	Trustee	2.00	Director	$0	$0	$0
RYAN ALLAR	Trustee	2.00	Director	$0	$0	$0
MICHAEL SCHEIB	PRESIDENT & TRE	2.00	Officer	$0	$0	$0
WILLIAM BARRY	Vice President	2.00	Officer	$0	$0	$0
DONALD ALLAR	Secretary	2.00	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
2023	$339,327	$135,361	$461,697	$203,966
2020	$200,489	$96,986	$333,337	$103,503

DONALDSON FIRE COMPANY NO 1