GRAND ISLAND VOL FIREMEN'S BEN ASSOC INC (EIN 166058327) - 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

1963

Legal Domicile

Principal Officer

ROBERT MEYER

Phone

7167737722

Tax Period

2023-07-01 to 2024-06-30

GRAND ISLAND VOL FIREMEN'S BEN ASSOC INC, founded in 1963, is a small nonprofit that reported $115K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $53K, a strong 46% operating margin.

Mission

TO PROMOTE RELIEF, AID AND ASSISTANCE TO DISTRESSED FIREMEN & THEIR FAMILIES WHO ARE INJURED, DISABLED OR INDIGENT. ADDITIONALLY, TO PROMOTE THE HEALTH AND SAFETY OF THE VOLUNTEER 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 $8,445

Program Service Revenue $106,300

Investment Income $0

Other Revenue $0

TOTAL REVENUE $114,745

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $59,112

Other Expenses $3,111

TOTAL EXPENSES $62,223

Year-over-Year Comparison

	2023	2022	Change
Revenue	$114,745	$82,399	+0.4%
Expenses	$62,223	$34,472	+0.8%
Net Income	$52,522	$47,927	+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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

118

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
PETER COPPOLA	TRUSTEE/VP	1.00	Officer Director	$0	$0	$0
ROBERT T MEYER	TRUSTEE/PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM D WILSON	TRUSTEE/TREASURER	1.00	Officer Director	$0	$0	$0
DAVID COLE	TRUSTEE/SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL DEMARTIN	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
2025	No data	No data	No data	No data
2024	$114,745	$62,223	$1,222,493	$52,522
2023	$82,399	$34,472	$1,152,664	$47,927
2022	$93,539	$35,081	$1,098,913	$58,458
2021	$18,036	$3,511	$1,102,615	$14,525
2020	$88,604	$48,559	$1,058,702	$40,045
2019	$95,676	$42,895	$1,017,602	$52,781

GRAND ISLAND VOL FIREMEN'S BEN ASSOC INC