LAKE ERIE BEACH VOLUNTEER FIRE CO

EIN: 166053241

ANGOLA, NY

Total Revenue
$379,551
Total Expenses
$414,357
Total Assets
$2,056,695
Net Assets
$1,723,586
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
NY
Principal Officer
Norman Gzyl
Phone
7165496054
Tax Period
2024-01-01 to 2024-12-31

LAKE ERIE BEACH VOLUNTEER FIRE CO, founded in 1952, is a small nonprofit that reported $380K in total revenue in fiscal year 2024. Net assets of $1.7M represent 54 months of operating reserves.

Mission

VOLUNTEER FIRE COMPANY

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $435
Program Service Revenue $296,736
Investment Income $30,729
Other Revenue $51,651
TOTAL REVENUE $379,551

Expense Breakdown

Grants Paid $0
Salaries & Benefits $27,283
Fundraising Expenses $0
Program Expenses $414,357
Other Expenses $387,074
TOTAL EXPENSES $414,357

Year-over-Year Comparison

2024 2023 Change
Revenue $379,551 $392,259 0.0%
Expenses $414,357 $443,993 -0.1%
Net Income $-34,806 $-51,734 -0.3%
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
8
Volunteers
67

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
$3,300
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Norman Gzyl President 10.00
Officer
$0 $0 $0
Jeanne Macko Treasurer 10.00
Officer
$0 $0 $3,300
Karen Gengler Vice-President 10.00
Officer
$0 $0 $0
David Emhof Secretary 10.00
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
2024 $379,551 $414,357 $2,056,695 $-34,806
2023 $392,259 $443,993 $2,141,694 $-51,734
2022 $601,895 $528,750 $2,242,211 $73,145
2021 $370,272 $414,453 $2,216,481 $-44,181
2020 $527,421 $597,412 $2,306,700 $-69,991
2019 $424,832 $403,068 $1,851,153 $21,764
2018 $367,726 $324,600 $1,829,389 $43,126
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare LAKE ERIE BEACH VOLUNTEER FIRE CO with other nonprofits in New York and across the country.