TOWN OF BINGHAMTON VOLUNTEER F COMPANY INC

EIN: 161597340 501(c)(3) Public Safety

BINGHAMTON, NY

Total Revenue
$372,820
Total Expenses
$362,538
Total Assets
$958,799
Net Assets
$442,478
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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

Principal Officer
RACHEL MASTIN
Phone
6076694115
Tax Period
2025-01-01 to 2025-12-31

TOWN OF BINGHAMTON VOLUNTEER F COMPANY INC is a small nonprofit in the Public Safety sector that reported $373K in total revenue in fiscal year 2025.

Mission

THE PROTECTION OF LIFE AND PROPERTY FROM FIRE AND OTHER EMERGENCIES AND THE PROMOTION OF SOCIAL COMMUNICATIONS AMONG ITS MEMBERS

Program Service Accomplishments

Program 1
Expenses: $362,539 Revenue: $372,822

VOLUNTEER FIRE DEPARTMETN FOR THE TOWN OF BINGHAMTON

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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 (2025)

Revenue Breakdown

Contributions & Grants $360,082
Program Service Revenue $0
Investment Income $12,738
Other Revenue $0
TOTAL REVENUE $372,820

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $362,539
Other Expenses $361,938
TOTAL EXPENSES $362,538

Year-over-Year Comparison

2025 2024 Change
Revenue $372,820 $354,614 +0.1%
Expenses $362,538 $345,635 +0.0%
Net Income $10,282 $8,979 +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
10
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
4
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEVIN OLDS PRESIDENT 5
Officer
$0 $0 $0
IRV SODEN VICE PRESIDENT 3
Officer
$0 $0 $0
JACK MIZERAK SECRETARY 3
Officer
$0 $0 $0
RACHEL MASTIN TREASURER 5
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 $372,820 $362,538 $958,799 $10,282
2024 No data No data No data No data
2023 $351,210 $343,930 $1,077,980 $7,280
2022 $294,127 $305,599 $1,153,317 $-11,472
2021 $482,087 $423,805 $836,599 $58,282
2020 $259,341 $256,638 $814,814 $2,703
2019 $247,185 $261,415 $821,202 $-14,230
2018 $236,313 $262,465 $991,034 $-26,152
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