BRIDGEPORT VOLUNTEER FIRE DEPARTMEN (EIN 161501428) - 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

1949

Principal Officer

SHANNON LAFLAMME

Phone

3156339048

Tax Period

2024-01-01 to 2024-12-31

BRIDGEPORT VOLUNTEER FIRE DEPARTMEN, founded in 1949, is a small nonprofit in the Public Safety sector that reported $191K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $177K left a modest 7% surplus.

Mission

TO PROVIDE FIRE AND EMS SERVICES TO THE RESIDENTS OF THE BRIDGEPORT FIRE DISTRICT

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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 $8,012

Program Service Revenue $131,794

Investment Income $9,094

Other Revenue $42,234

TOTAL REVENUE $191,134

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $177,180

Other Expenses $177,180

TOTAL EXPENSES $177,180

Year-over-Year Comparison

	2024	2023	Change
Revenue	$191,134	$170,670	+0.1%
Expenses	$177,180	$176,196	+0.0%
Net Income	$13,954	$-5,526	-3.5%

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

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
LONNY KEACH	CHAIRMAN	1.00	Officer Director	$0	$0	$0
JOSH HARE	MEMBER	1.00	Director	$0	$0	$0
SHANNON LAFLAMME	TREASURER	1.00	Officer Director	$0	$0	$0
PAUL SMITH	MEMBER	1.00	Director	$0	$0	$0
MARTY PINE	PRESIDENT	1.00	Officer Director	$0	$0	$0
PAUL HAYNES	VICE PRESIDE	1.00	Officer 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	$191,134	$177,180	$1,217,577	$13,954
2023	$170,670	$176,196	$1,210,357	$-5,526
2022	$163,044	$177,168	$1,229,302	$-14,124
2021	$148,740	$141,083	$1,270,869	$7,657

BRIDGEPORT VOLUNTEER FIRE DEPARTMEN