NEW HOPE FIRE DEPARMENT FIREMANS FD

EIN: 812740756 501(c)(3) Philanthropy & Grantmaking

CHAPEL HILL, NC

Total Revenue
$15,684
Total Expenses
$7,041
Total Assets
$47,320
Net Assets
$46,620
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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
2016
Legal Domicile
NC
Principal Officer
FRY TILLMANS
Phone
9194931001
Tax Period
2019-07-01 to 2020-06-30

NEW HOPE FIRE DEPARMENT FIREMANS FD, founded in 2016, is a micro nonprofit in the Philanthropy & Grantmaking sector that reported $16K in total revenue in fiscal year 2019. Revenue grew 19% year-over-year, indicating healthy expansion. The organization ran a surplus of $9K, a strong 55% operating margin.

Mission

FINANCIALLY SUPPORT THE FIRE DEPARTMENT AND IT'S MEMBERS TO RELIEVE SOME OF THE FINANCIAL BURDEN ON THE CITY AND COUNTY.

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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%)

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Financial Overview (2019)

Revenue Breakdown

Contributions & Grants $4,143
Program Service Revenue $0
Investment Income $0
Other Revenue $11,541
TOTAL REVENUE $15,684

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $7,041
Other Expenses $7,041
TOTAL EXPENSES $7,041

Year-over-Year Comparison

2019 2018 Change
Revenue $15,684 $13,162 +0.2%
Expenses $7,041 $15,477 -0.5%
Net Income $8,643 $-2,315 -4.7%
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

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Governance

Voting Members
5
Independent Members
5
Employees
N/A
Volunteers
13

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
1
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAMAQUEZ LANGLEY VICE PRESIDE 1.00
Director
$0 $0 $0
BEN MAY TREASURER 1.00
Director
$0 $0 $0
FRY TILLMANS PRESIDENT 1.00
Officer Director
$0 $0 $0
EDDIE WALKER DIRECTOR 1.00
Director
$0 $0 $0
JAMES WILSON SECRETARY 1.00
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
2020 $15,684 $7,041 $47,320 $8,643
2019 $13,162 $15,477 $37,876 $-2,315
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