NEW YORK STATE HONORARY FIRE CHIEFS ASSOCIATION INC

EIN: 133538231 501(c)(3) Public & Societal Benefit

NEW YORK, NY

Total Revenue
$190,669
Total Expenses
$179,431
Total Assets
$278,876
Net Assets
$278,876
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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
1950
Legal Domicile
NY
Principal Officer
GLENN ZAGOREN
Phone
7184764011
Tax Period
2024-01-01 to 2024-12-31

NEW YORK STATE HONORARY FIRE CHIEFS ASSOCIATION INC, founded in 1950, is a small nonprofit in the Public & Societal Benefit sector that reported $191K in total revenue in fiscal year 2024. Revenue fell 25% from the prior year — a significant decline worth monitoring. Expenses of $179K left a modest 6% surplus.

Mission

SCHOLARSHIPS GRANTED TO QUALIFIED STUDENTS TO FURTHER EDUCATION BEYOND HIGH SCHOOL

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $190,662
Program Service Revenue $0
Investment Income $7
Other Revenue $0
TOTAL REVENUE $190,669

Expense Breakdown

Grants Paid $129,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $173,172
Other Expenses $50,431
TOTAL EXPENSES $179,431

Year-over-Year Comparison

2024 2023 Change
Revenue $190,669 $255,743 -0.3%
Expenses $179,431 $243,410 -0.3%
Net Income $11,238 $12,333 -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

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Governance

Voting Members
7
Independent Members
7
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID GOLD VICE PRESIDE N/A
Officer
$0 $0 $0
ANTHONY MAURIELLO TREASURER N/A
Officer
$0 $0 $0
GLENN ZAGOREN PRESIDENT N/A
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 $190,669 $179,431 $278,876 $11,238
2023 $255,743 $243,410 $267,638 $12,333
2022 $262,915 $237,197 No data $25,718
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