MELVILLE VOLUNTEER FIRE DEPT INC (EIN 113028833) - 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

1947

Legal Domicile

Principal Officer

William Schmitt

Phone

5165328813

Tax Period

2023-01-01 to 2023-12-31

MELVILLE VOLUNTEER FIRE DEPT INC, founded in 1947, is a small nonprofit in the Public Safety sector that reported $279K in total revenue in fiscal year 2023. Revenue decreased 15% compared to the prior year. Expenses of $314K exceeded revenue, resulting in a 12% operating deficit.

Mission

VOLUNTEER FIRE DEPT. PROTECTION OF LIFE & PROPERTY & EXTINGUISHMENT OF FIRES.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $266,772

Program Service Revenue $0

Investment Income $9,888

Other Revenue $2,825

TOTAL REVENUE $279,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $17,921

Program Expenses $74,718

Other Expenses $308,863

TOTAL EXPENSES $314,109

Year-over-Year Comparison

	2023	2022	Change
Revenue	$279,485	$329,297	-0.2%
Expenses	$314,109	$350,795	-0.1%
Net Income	$-34,624	$-21,498	+0.6%

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

116

Independent Members

116

Employees

N/A

Volunteers

116

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
William Schmidt	CHIEF OF DEPT.	20.00	Officer	$0	$0	$0
MAYRA FUENTES	SECRETARY	10.00	Officer	$0	$0	$0
KENNETH LOW	TREASURER	10.00	Officer	$0	$0	$0
Jason Bernfeld	1ST ASST CHIEF	12.00	Officer	$0	$0	$0
Donald Barclay	2ND ASST CHIEF	12.00	Officer	$0	$0	$0
David Kaplan	3RD ASST CHIEF	12.00	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
2024	No data	No data	No data	No data
2023	$279,485	$314,109	$907,501	$-34,624
2022	$329,297	$350,795	$942,125	$-21,498
2021	$294,772	$186,638	$963,624	$108,134
2020	$275,712	$141,329	$855,490	$134,383
2019	$285,474	$288,503	$721,106	$-3,029
2018	$283,104	$236,037	$725,575	$47,067

MELVILLE VOLUNTEER FIRE DEPT INC