HANOVER AREA VOLUNTEER FIRE AND RESCUE (EIN 824002395) - 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

2018

Legal Domicile

Principal Officer

JEFFREY SPIELMAN

Phone

7176376671

Tax Period

2025-01-01 to 2025-12-31

HANOVER AREA VOLUNTEER FIRE AND RESCUE, founded in 2018, is a small nonprofit in the Public Safety sector that reported $317K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $156K, a strong 49% operating margin.

Mission

TO SUPPORT THE HANOVER AREA FIRE AND RESCUE COMMISSION IN ITS MISSION TO PROTECT THE LIVES AND PROPERTY OF THE CITIZENS AND VISITORS OF THE GREATER HANOVER AREA.

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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 (2025)

Revenue Breakdown

Contributions & Grants $166,658

Program Service Revenue $0

Investment Income $143,584

Other Revenue $6,798

TOTAL REVENUE $317,040

Expense Breakdown

Grants Paid $10,434

Salaries & Benefits $0

Fundraising Expenses $20,109

Program Expenses $104,107

Other Expenses $130,313

TOTAL EXPENSES $160,856

Year-over-Year Comparison

	2025	2024	Change
Revenue	$317,040	$283,586	+0.1%
Expenses	$160,856	$123,041	+0.3%
Net Income	$156,184	$160,545	0.0%

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

$3,200

Total Directors

$3,200

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY SPIELMAN	PRESIDENT	2.00	Officer Director	$0	$0	$0
JOHN MARTIN	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
HELEN WEAVER	SECRETARY	3.00	Officer Director	$1,000	$0	$1,000
MAYNARD BECKER	TREASURER	12.00	Officer Director	$1,200	$0	$1,200
RICHARD ANGEL JR	FINANCIAL SE	6.00	Officer Director	$1,000	$0	$1,000

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	$317,040	$160,856	$2,143,949	$156,184
2024	$283,586	$123,041	$1,923,943	$160,545
2023	$204,417	$225,720	$1,708,204	$-21,303
2022	$236,833	$207,080	$1,572,871	$29,753
2021	$279,837	$97,486	$1,823,777	$182,351
2020	$235,316	$59,465	$1,179,406	$175,851

HANOVER AREA VOLUNTEER FIRE AND RESCUE