MASSACHUSETTS FALLEN FIREFIGHTERS MEMORIAL FUND INC (EIN 043555530) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2000

Legal Domicile

Principal Officer

JAY COLBERT

Phone

6175234506

Tax Period

2024-07-01 to 2025-06-30

MASSACHUSETTS FALLEN FIREFIGHTERS MEMORIAL FUND INC, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $248K in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $109K, a strong 44% operating margin.

Mission

THE PURPOSE OF THE ORGANIZATION IS FOR THE DESIGN, CONSTRUCTION AND MAINTENANCE OF A MEMORIAL FOR DECEASED FIREFIGHTERS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $18,042

Program Service Revenue $177,417

Investment Income $52,923

Other Revenue $0

TOTAL REVENUE $248,382

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $11,501

Program Expenses $80,271

Other Expenses $138,973

TOTAL EXPENSES $138,973

Year-over-Year Comparison

	2024	2023	Change
Revenue	$248,382	$217,953	+0.1%
Expenses	$138,973	$133,029	+0.0%
Net Income	$109,409	$84,924	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JAY COLBERT	PRESIDENT/DIRECTOR	2.00	Officer Director	$0	$0	$0
THOMAS GARRITY	TREASUER/DIRECTOR	1.00	Officer Director	$0	$0	$0
MICHAEL MCCULLOUGH	CLEARK/DIRECTOR	1.00	Officer Director	$0	$0	$0
JOHN T LYNCH	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD F PARIS	DIRECTOR	1.00	Director	$0	$0	$0
PETER OSTROSKEY	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH FINN	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD MACKINNON	DIRECTOR	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
2025	$248,382	$138,973	$1,730,753	$109,409
2024	No data	No data	No data	No data
2023	$184,957	$92,928	$1,462,364	$92,029
2022	$197,664	$98,212	$1,345,103	$99,452
2021	$223,362	$89,640	$1,323,429	$133,722
2020	$235,716	$108,966	$1,185,491	$126,750
2019	$193,022	$97,779	$1,050,554	$95,243
2018	$236,874	$103,532	$955,943	$133,342

MASSACHUSETTS FALLEN FIREFIGHTERS MEMORIAL FUND INC