WESTFIELD EXEMPT VOLUNTEER FIREMENS ASSN INC (EIN 161592090) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1969

Legal Domicile

Principal Officer

RON TESTRAKE

Phone

8145049344

Tax Period

2023-01-01 to 2023-12-31

WESTFIELD EXEMPT VOLUNTEER FIREMENS ASSN INC, founded in 1969, is a micro nonprofit in the Public Safety sector that reported $44K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $23K, a strong 53% operating margin.

Mission

FORMED IN 1969 TO HOUSE ANTIQUE FIRE APPARATUS AND OTHER EQUIPMENT, A PLACE TO HOLD MEETINGS FOR THE FIRE DEPARTMENT AND TO RAISE FUNDS TO PROVIDE FOR INDIGENT MEMBERS AND THEIR FAMILIES.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $31,240

Program Service Revenue $0

Investment Income $4,414

Other Revenue $8,084

TOTAL REVENUE $43,738

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $4,802

TOTAL EXPENSES $20,496

Year-over-Year Comparison

	2023	2022	Change
Revenue	$43,738	$49,206	-0.1%
Expenses	$20,496	$43,579	-0.5%
Net Income	$23,242	$5,627	+3.1%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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
HERBERT JOHNSON	V PRES	002.00	Officer	$0	$0	$0
MARSHA HOLLAND	SEC	002.00	Officer	$0	$0	$0
RON TESTRAKE	TREAS	002.00	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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$43,738	$20,496	$293,156	$23,242
2022	$49,206	$43,579	$269,914	$5,627
2021	$40,435	$23,335	$264,287	$17,100
2020	$31,458	$18,806	$247,187	$12,652
2019	$37,235	$28,811	$234,535	$8,424
2018	$41,473	$32,353	$226,111	$9,120

WESTFIELD EXEMPT VOLUNTEER FIREMENS ASSN INC