VOLUNTEER & EXEMPT FIREMANS (EIN 116026577) - 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

1939

Legal Domicile

Tax Period

2024-01-01 to 2024-12-31

VOLUNTEER & EXEMPT FIREMANS, founded in 1939, is a small nonprofit that reported $315K in total revenue in fiscal year 2024. The organization ran a surplus of $161K, a strong 51% operating margin.

Mission

TO PROVIDE RELIEF, AID, AND ASSISTANCE TO MEMBERS OF THE ORGANIZATION AND THEIR FAMILIES.

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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 $10,959

Program Service Revenue $162,158

Investment Income $141,916

Other Revenue $0

TOTAL REVENUE $315,033

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $109,465

Other Expenses $44,372

TOTAL EXPENSES $153,837

Year-over-Year Comparison

	2024	2023	Change
Revenue	$315,033	$295,335	+0.1%
Expenses	$153,837	$131,576	+0.2%
Net Income	$161,196	$163,759	0.0%

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
JOHN CARLO	TRUSTEE	1.00	Director	$0	$0	$0
ADAM SHEFLIN	TRUSTEE	1.00	Director	$0	$0	$0
RICHARD BATTA	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL AHERN	TRUSTEE	1.00	Director	$0	$0	$0
DONALD HOLUPKA	PRESIDENT	1.00	Officer	$0	$0	$0
PHILIP FALZONE	TREASURER	1.00	Officer	$0	$0	$0
JUAN BATTA	SECRETARY	1.00	Officer	$0	$0	$0
JOSEPH RUVOLO	FINANCIAL SECRETARY	1.00	Officer	$0	$0	$0
RICHARD VELOTTI	VICE PRESIDENT	1.00	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	$315,033	$153,837	$2,312,157	$161,196
2023	$295,335	$131,576	$2,072,484	$163,759
2022	$122,755	$182,194	$1,889,463	$-59,439
2021	$242,116	$109,265	$2,145,612	$132,851
2020	$154,804	$71,277	$1,931,161	$83,527
2019	$117,595	$52,704	$1,803,529	$64,891
2018	$129,631	$86,201	$1,516,883	$43,430

VOLUNTEER & EXEMPT FIREMANS