VOLUNTEERS & EXEMPT FIREMENS BENEVOLENT ASSOCIATION OF LYNBROOK (EIN 116021227) - 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

1931

Legal Domicile

Principal Officer

KENNETH O'CONNOR

Phone

5163989712

Tax Period

2024-04-01 to 2025-03-31

VOLUNTEERS & EXEMPT FIREMENS BENEVOLENT ASSOCIATION OF LYNBROOK, founded in 1931, is a small nonprofit that reported $328K in total revenue in fiscal year 2024. The organization ran a surplus of $156K, a strong 48% operating margin.

Mission

ASSOCIATION IS FOR THE BENEFIT OF OUR MEMBERS IN THEIR TIME OF NEED IE: FINANCIAL CRISIS DEATH DISABILITY AND THEIR FAMILIES GENERAL WELFARE

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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 $200

Program Service Revenue $0

Investment Income $189,771

Other Revenue $138,487

TOTAL REVENUE $328,458

Expense Breakdown

Grants Paid $0

Salaries & Benefits $4,500

Fundraising Expenses $0

Program Expenses $148,841

Other Expenses $18,945

TOTAL EXPENSES $172,286

Year-over-Year Comparison

	2024	2023	Change
Revenue	$328,458	$329,901	0.0%
Expenses	$172,286	$244,637	-0.3%
Net Income	$156,172	$85,264	+0.8%

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

$4,500

Total Directors

$4,500

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
EDWARD HYNES	TRUSTEE	1.00	Director	$0	$0	$0
KENNETH O'CONNOR	SECRETARY	3.00	Officer Director	$0	$1,500	$1,500
EDWARD MURPHY	TREASURER	5.00	Officer Director	$0	$1,500	$1,500
JENNIFER OLIVERA	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM DAUSCHER	PRESIDENT	2.00	Officer Director	$0	$0	$0
STEVEN LIGUORI	FINANCIAL SECRETARY	2.00	Officer Director	$0	$1,500	$1,500
RICHARD CROWLEY	TRUSTEE	1.00	Director	$0	$0	$0
KATIE DUBOSE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
RAYMOND BURKE	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL BROOKS	TRUSTEE	1.00	Director	$0	$0	$0
WILLIAM ABRAMS	TRUSTEE	1.00	Director	$0	$0	$0
JOHN DONALD	TRUSTEE	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	$328,458	$172,286	$2,407,186	$156,172
2024	$329,901	$244,637	$2,251,014	$85,264
2023	$20,212	$204,820	$2,165,750	$-184,608
2022	$220,813	$166,929	$2,350,358	$53,884
2021	$444,575	$185,231	$2,296,474	$259,344

VOLUNTEERS & EXEMPT FIREMENS BENEVOLENT ASSOCIATION OF LYNBROOK