Milford, CT
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)The Bridgeport Firemen's Sick and Death Benefit Association Inc, founded in 1916, is a micro nonprofit that reported $84K in total revenue in fiscal year 2024. Revenue decreased 7% compared to the prior year. Expenses of $237K exceeded revenue, resulting in a 183% operating deficit.
Membership dues are used solely for the purpose of providing sick, injury and death benefits for the Association's members.
Benefits are payable to covered members for death or sickness and injuries sustained while on duty. Sickness benefits are $5 a day for illnesses which exceed 30 days with a maximum of $500 in any...
Benefits are payable to covered members for death or sickness and injuries sustained while on duty. Sickness benefits are $5 a day for illnesses which exceed 30 days with a maximum of $500 in any fiscal year. Injury benefits are $10 a day for time missed from work up to a maximum of $1,200. At the death of a member, the sum of $14,000 is paid to a person designated by the said member by written notice.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $83,849 | $89,738 | -0.1% |
| Expenses | $237,164 | $285,249 | -0.2% |
| Net Income | $-153,315 | $-195,511 | -0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Robert Novack | President | 5.00 |
Officer
Director
|
$739 | $0 | $739 |
| Louis Santiago | Treasurer | 15.00 |
Officer
Director
|
$8,150 | $0 | $8,150 |
| Dennis Olmstead | Trustee | 5.00 |
Director
|
$1,407 | $0 | $1,407 |
| Robert Kostyszyn | Vice President | 5.00 |
Officer
Director
|
$370 | $0 | $370 |
| Joseph LaChioma | Trustee | 5.00 |
Director
|
$1,407 | $0 | $1,407 |
| Joseph McNellis | Trustee | 5.00 |
Director
|
$1,407 | $0 | $1,407 |
| Salvatore Emanuel | Secretary | 15.00 |
Officer
Director
|
$8,150 | $0 | $8,150 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $83,849 | $237,164 | $2,353,258 | $-153,315 |
| 2024 | $89,738 | $285,249 | $2,508,518 | $-195,511 |
| 2023 | $35,163 | $221,883 | $2,236,664 | $-186,720 |
| 2022 | $81,055 | $208,468 | $2,567,932 | $-127,413 |
| 2021 | $181,916 | $323,682 | $2,651,643 | $-141,766 |
| 2020 | $55,144 | $194,117 | $2,177,980 | $-138,973 |
| 2019 | $103,779 | $244,879 | $2,501,296 | $-141,100 |
| 2018 | $40,126 | $234,471 | $2,607,751 | $-194,345 |
Compare The Bridgeport Firemen's Sick and Death Benefit Association Inc with other nonprofits in Connecticut and across the country.