FRIDAY HARBOR FIREFIGHTERS ASSOC

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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

1989

Legal Domicile

Principal Officer

DAVID MOORHOUSE

Phone

3603788483

Tax Period

2024-01-01 to 2024-12-31

FRIDAY HARBOR FIREFIGHTERS ASSOC, founded in 1989, is a small nonprofit that reported $374K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $361K left a modest 3% surplus.

Mission

TO PROVIDE EDUCATION AND EQUIPMENT TO ADVANCE FIRE-FIGHTING SKILLS OF THE LOCAL VOLUNTEER FIRE DEPARTMENT AND TO ALSO PURCHASE NEEDED EQUIPMENT, AS WELL AS TO DONATE FUNDS AND SUPPORT THE COMMUNITY.

Program Service Accomplishments

Program 1

Expenses: $311,137

PURCHASE EQUIPMENT, SUPPLIES AND TRAINING FOR LOCAL VOLUNTEER FIRE-FIGHTERS AND PROVIDE SUPPORT TO 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,631

Program Service Revenue $362,562

Investment Income $9,360

Other Revenue $0

TOTAL REVENUE $373,553

Expense Breakdown

Grants Paid $4,475

Salaries & Benefits $275,849

Fundraising Expenses $4,605

Program Expenses $311,137

Other Expenses $80,867

TOTAL EXPENSES $361,191

Year-over-Year Comparison

	2024	2023	Change
Revenue	$373,553	$420,116	-0.1%
Expenses	$361,191	$351,258	+0.0%
Net Income	$12,362	$68,858	-0.8%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SALINAS	PRESIDENT	N/A	Director	$0	$0	$0
SUSAN RISSER	SECRETARY	N/A	Officer Director	$0	$0	$0
DAVID MOORHOUSE	TREASURER	N/A	Officer Director	$0	$0	$0
TOM STARR	DIRECTOR	N/A	Officer Director	$0	$0	$0
NOEL MONIN	FIRE CHIEF	N/A	Director	$0	$0	$0
MICHAEL YOUNG	THRIFT STORE	N/A	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
2025	No data	No data	No data	No data
2024	$373,553	$361,191	$840,336	$12,362
2023	$420,116	$351,258	$828,852	$68,858
2022	$328,781	$335,138	$758,161	$-6,357
2021	$370,085	$322,563	$764,209	$47,522
2020	$281,396	$296,328	$756,455	$-14,932
2019	$338,826	$327,591	$725,739	$11,235
2018	$362,222	$322,091	$720,070	$40,131