LAKELAND VOLUNTEER FIREMANS BENEVOLENT ASSOCIATION (EIN 116026564) - 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

1963

Legal Domicile

Principal Officer

DOMINICK MARINELLI

Phone

6312554220

Tax Period

2023-01-01 to 2023-12-31

LAKELAND VOLUNTEER FIREMANS BENEVOLENT ASSOCIATION, founded in 1963, is a small nonprofit in the Mutual Benefit sector that reported $112K in total revenue in fiscal year 2023. The organization ran a surplus of $50K, a strong 44% operating margin.

Mission

TO PROVIDE AID, ASSISTANCE AND RELIEF TO INDIGENT AND/OR DISABLED VOLUNTEER FIREFIGHTERS, RESCUE WORKERS AND ASSIST THEIR FAMILIES WHO ARE MEMBERS OF THE ORGANIZATION. ALL MEMBERS ARE VOLUNTEER FIREFIGHTERS AND RESCUE WORKERS

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $80,352

Investment Income $31,314

Other Revenue $0

TOTAL REVENUE $111,666

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,984

Other Expenses $26,824

TOTAL EXPENSES $61,984

Year-over-Year Comparison

	2023	2022	Change
Revenue	$111,666	$109,059	+0.0%
Expenses	$61,984	$51,765	+0.2%
Net Income	$49,682	$57,294	-0.1%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH MARAVIGLIA	PRESIDENT	1.00	Officer	$0	$0	$0
ELISSA O'MARA	FINANCIAL SE	1.00	Officer	$0	$0	$0
STEVE CLIFFORD	TRUSTEE	1.00	Director	$0	$0	$0
TERENCE MAWN	SECRETARY	1.00	Officer	$0	$0	$0
TOM HUGHES	VICE PRESIDE	1.00	Officer	$0	$0	$0
BILLY MCLAUGHLIN	TRUSTEE	1.00	Director	$0	$0	$0
GEORGE MONICA	TRUSTEE	1.00	Director	$0	$0	$0
DOMINICK MARINELLI	TREASURER	1.00	Officer	$0	$0	$0
GREG PITKA	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
2024	No data	No data	No data	No data
2023	$111,666	$61,984	$1,656,566	$49,682
2022	$109,059	$51,765	$1,678,926	$57,294
2021	$268,133	$46,118	$1,629,693	$222,015
2020	$97,491	$45,666	$1,407,678	$51,825
2019	$98,740	$20,478	$1,458,283	$78,262
2018	$100,369	$124,207	$1,277,321	$-23,838

LAKELAND VOLUNTEER FIREMANS BENEVOLENT ASSOCIATION