Liberty Engine Company NO 1 Inc (EIN 880156146) - 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

1979

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Liberty Engine Company NO 1 Inc, founded in 1979, is a micro nonprofit in the Unknown sector that reported $42K in total revenue in fiscal year 2023. Revenue fell 21% from the prior year — a significant decline worth monitoring. Net assets of $316K represent 91 months of operating reserves.

Mission

Display and Operate Antique Fire Equipment, Paraphenalia, Memorabilia, Photographs and Items Relating to Fire Service History

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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 $27,028

Program Service Revenue $0

Investment Income $108

Other Revenue $14,762

TOTAL REVENUE $41,898

Expense Breakdown

Grants Paid $0

Salaries & Benefits $16,867

Fundraising Expenses $0

Program Expenses $34,010

Other Expenses $26,990

TOTAL EXPENSES $43,857

Year-over-Year Comparison

	2023	2022	Change
Revenue	$41,898	$53,164	-0.2%
Expenses	$43,857	$32,958	+0.3%
Net Income	$-1,959	$20,206	-1.1%

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

100

Independent Members

N/A

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	Role	Reportable Comp	Other Comp	Total
Ron Irwin	Director	Director	$0	$0	$0
Steven Frady	Director	Director	$0	$0	$0
Jack Greenhalgh	Director	Director	$0	$0	$0
Michael Nevin	Presdient	Officer	$0	$0	$0
Marshall McBride	Treasurer	Officer	$0	$0	$0
Joseph Curtis	Secretary	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	$41,898	$43,857	$318,446	$-1,959
2022	$53,164	$32,958	$319,426	$20,206
2021	$52,947	$39,252	$303,573	$13,695
2020	$46,873	$30,524	$288,938	$16,349
2019	$51,505	$38,492	$287,609	$13,013
2018	$59,740	$52,575	$273,003	$7,165

Liberty Engine Company NO 1 Inc