CRANSTON PERMANENT FIREFIGHTERS RELIEF ASSN INC (EIN 050366041) - 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

1976

Legal Domicile

Principal Officer

SALVATORE SAVATTERE

Phone

4019441099

Tax Period

2024-01-01 to 2024-12-31

CRANSTON PERMANENT FIREFIGHTERS RELIEF ASSN INC, founded in 1976, is a small nonprofit that reported $191K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $72K, a strong 38% operating margin.

Mission

THE ORGANIZATION PROVIDES LIFE INSURANCE AND MEDICAL BENEFITS TO ITS MEMBERS. SEE PART III

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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 $35,100

Program Service Revenue $0

Investment Income $156,199

Other Revenue $0

TOTAL REVENUE $191,299

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,000

Fundraising Expenses $0

Program Expenses $68,657

Other Expenses $39,783

TOTAL EXPENSES $119,440

Year-over-Year Comparison

	2024	2023	Change
Revenue	$191,299	$202,896	-0.1%
Expenses	$119,440	$108,291	+0.1%
Net Income	$71,859	$94,605	-0.2%

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

$6,250

Total Directors

$4,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JONATHAN WARREN	PRESIDENT	1.00	Officer	$2,000	$0	$2,000
WILLIAM BARRETT	DIRECTOR	1.00	Director	$1,750	$0	$1,750
DAVID DIDINO	TREASURER	1.00	Officer	$1,750	$0	$1,750
ROBERT BURGESS	VICE PRESIDENT	1.00	Officer	$1,750	$0	$1,750
MICHAEL PROCOPIO	DIRECTOR	1.00	Director	$750	$0	$750
DAVE BROULLARD	DIRECTOR	1.00	Director	$750	$0	$750
SCOTT COTE	DIRECTOR	1.00	Director	$750	$0	$750
CHRISTIAN LAMONTHE	DIRECTOR	1.00	Director	$750	$0	$750
SALVATORE SAVATTERE	SECRETARY	1.00	Officer	$750	$0	$750

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	$191,299	$119,440	$1,473,211	$71,859
2023	$202,896	$108,291	$1,401,352	$94,605
2022	$208,047	$102,010	$1,306,747	$106,037
2021	$218,842	$103,518	$1,200,710	$115,324
2020	$108,821	$90,433	$1,085,386	$18,388
2019	$85,202	$98,506	$1,066,998	$-13,304
2018	$69,683	$72,834	$1,080,302	$-3,151

CRANSTON PERMANENT FIREFIGHTERS RELIEF ASSN INC