RELIANCE HOSE COMPANY NO 1 INC

EIN: 851945618 501(c)(3) Public Safety

MAYS LANDING, NJ

Total Revenue
$59,672
Total Expenses
$30,489
Total Assets
$693,099
Net Assets
$649,560
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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
2020
Legal Domicile
NJ
Tax Period
2024-01-01 to 2024-12-31

RELIANCE HOSE COMPANY NO 1 INC, founded in 2020, is a micro nonprofit in the Public Safety sector that reported $60K in total revenue in fiscal year 2024. The organization ran a surplus of $29K, a strong 49% operating margin.

Mission

PREVENT AND EXTINGUISH FIRES IN THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $59,160
Program Service Revenue $0
Investment Income $3
Other Revenue $509
TOTAL REVENUE $59,672

Expense Breakdown

Grants Paid $788
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $10,042
Other Expenses $29,701
TOTAL EXPENSES $30,489

Year-over-Year Comparison

2024 2023 Change
Revenue $59,672 N/A N/A
Expenses $30,489 N/A N/A
Net Income $29,183 N/A N/A
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
N/A
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATTHEW MORATELLI PRESIDENT 0.00
Officer
$0 $0 $0
MICHELLE SUTTON VICE PRESIDENT 0.00
Officer
$0 $0 $0
FRANK ROBEY SECRETARY 0.00
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
2024 $59,672 $30,489 $693,099 $29,183
2023 $70,529 $70,700 $673,595 $-171
2022 $65,247 $43,593 $682,788 $21,654
2021 $51,477 $37,037 $666,803 $14,440
2020 $596,189 $20,698 $663,942 $575,491
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