NIAGARA FALLS FIRE DEPT MUTUAL AID ASSOCIATION INC (EIN 166027316) - 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

1950

Legal Domicile

Principal Officer

GARY POCHATKO

Phone

7162824345

Tax Period

2023-01-01 to 2023-12-31

NIAGARA FALLS FIRE DEPT MUTUAL AID ASSOCIATION INC, founded in 1950, is a small nonprofit that reported $185K in total revenue in fiscal year 2023. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

PROVIDES PAYMENT TO MEMBERS FOR MEDICAL EXPENSES NOT COVERED BY INSURANCE AND ALSO PROVIDES A DEATH BENEFIT TO ALL MEMBERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $11,242

Program Service Revenue $133,081

Investment Income $40,395

Other Revenue $0

TOTAL REVENUE $184,718

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $49,550

TOTAL EXPENSES $195,785

Year-over-Year Comparison

	2023	2022	Change
Revenue	$184,718	$236,464	-0.2%
Expenses	$195,785	$440,863	-0.6%
Net Income	$-11,067	$-204,399	-0.9%

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

$5,000

Total Directors

$1,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL DORSEY	PRESIDENT	5.00	Officer	$2,000	$0	$2,000
CHARLES DELGOBBO	VICE PRESIDENT	1.00	Officer Director	$1,000	$0	$1,000
GARY POCHATKO	TREASURER	10.00	Officer	$2,000	$0	$2,000
NICHOLAS FALSETTI	SECRETARY	1.00	Director	$0	$0	$0
JOE TORRE	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
BRIAN STERNS	TRUSTEE	1.00	Director	$0	$0	$0
THOMAS COLANGELO	TRUSTEE	1.00	Director	$0	$0	$0
SCOTT FURMAN	TRUSTEE	1.00	Director	$0	$0	$0
BERNIE LOCANTORIO	TRUSTEE	1.00	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	No data	No data	No data	No data
2023	$184,718	$195,785	$1,295,973	$-11,067
2022	$236,464	$440,863	$1,244,491	$-204,399
2021	$303,816	$271,345	$1,624,390	$32,471
2020	$311,094	$231,463	$1,569,632	$79,631
2019	$172,924	$157,399	$1,402,111	$15,525
2018	$206,638	$230,759	$1,275,625	$-24,121

NIAGARA FALLS FIRE DEPT MUTUAL AID ASSOCIATION INC