BRENTWOOD VOLUNTEER EXEMPT FIREMEN'S BENEVOLENT ASSOCIATION (EIN 116016169) - 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

1951

Legal Domicile

Principal Officer

CHARLES MAYER

Phone

6312737080

Tax Period

2024-01-01 to 2024-12-31

BRENTWOOD VOLUNTEER EXEMPT FIREMEN'S BENEVOLENT ASSOCIATION, founded in 1951, is a small nonprofit in the Public Safety sector that reported $226K in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion. Net assets of $2.7M represent 144 months of operating reserves.

Mission

TO PROVIDE CARE, RELIEF, AID, AND ASSISTANCE TO THE MEMBERS OF THIS ORGANIZATION, AND THEIR FAMILIES, WHO ARE SICK OR INDIGENT.

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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 $0

Program Service Revenue $221,173

Investment Income $5,206

Other Revenue $0

TOTAL REVENUE $226,379

Expense Breakdown

Grants Paid $102,124

Salaries & Benefits $10,000

Fundraising Expenses $0

Program Expenses $215,256

Other Expenses $120,446

TOTAL EXPENSES $232,570

Year-over-Year Comparison

	2024	2023	Change
Revenue	$226,379	$190,806	+0.2%
Expenses	$232,570	$213,636	+0.1%
Net Income	$-6,191	$-22,830	-0.7%

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

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

$10,000

Total Directors

$10,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL J POVEROMO	PRESIDENT	5.00	Officer Director	$0	$0	$0
GEORGE REUTTER	VICE PRESIDENT	5.00	Officer Director	$0	$0	$0
JAVIER VALENTIN	TRUSTEE	3.00	Director	$0	$0	$0
JOHN KENAVAN	SECRETARY	10.00	Officer Director	$5,000	$0	$5,000
JOHN CARNEY	TRUSTEE	3.00	Director	$0	$0	$0
CHARLES A MAYER	TREASURER	8.00	Officer Director	$5,000	$0	$5,000
JASON DIGRAZIA	TRUSTEE	3.00	Director	$0	$0	$0
JOSEPH WICMANDY	TRUSTEE	3.00	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	No data	No data	No data	No data
2024	$226,379	$232,570	$2,725,783	$-6,191
2023	$190,806	$213,636	$2,572,161	$-22,830
2022	$186,811	$222,863	$2,403,219	$-36,052
2021	$183,353	$178,862	$2,528,213	$4,491
2020	$178,215	$295,802	$2,428,188	$-117,587
2019	$159,168	$213,266	$2,439,090	$-54,098
2018	$168,626	$151,033	$2,318,277	$17,593

BRENTWOOD VOLUNTEER EXEMPT FIREMEN'S BENEVOLENT ASSOCIATION