CORONA FIREFIGHTERS BENEVOLENT FUND INC (EIN 205808023) - 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

2007

Legal Domicile

Phone

9517410872

Tax Period

2024-01-01 to 2024-12-31

CORONA FIREFIGHTERS BENEVOLENT FUND INC, founded in 2007, is a micro nonprofit in the Public Safety sector that reported $34K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. Expenses of $29K left a modest 15% surplus.

Mission

TO PROVIDE CHARITABLE GIVING TO OTHER NONPROFIT ORGANIZATIONS AND BENEVOLENT ASSISTANCE TO THE COMMUNITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $33,560

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $33,560

Expense Breakdown

Grants Paid $28,535

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,535

Other Expenses $25

TOTAL EXPENSES $28,560

Year-over-Year Comparison

	2024	2023	Change
Revenue	$33,560	$37,845	-0.1%
Expenses	$28,560	$46,643	-0.4%
Net Income	$5,000	$-8,798	-1.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIKA OTAROLA	MEMBER	5.00	Director	$0	$0	$0
DAN FAGAN	Vice President	5.00	Officer Director	$0	$0	$0
RICHARD STONE	MEMBER	5.00	Director	$0	$0	$0
ERIC ESTES	MEMBER	5.00	Director	$0	$0	$0
MATT FORTINE	President	5.00	Officer Director	$0	$0	$0
DAVID GOODWIN	MEMBER	5.00	Director	$0	$0	$0
JAMES TAWNEY	SEC/TREASURER	5.00	Officer 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	$33,560	$28,560	$85,084	$5,000
2023	$37,845	$46,643	$80,084	$-8,798
2022	$30,945	$42,679	$88,882	$-11,734
2021	$29,950	$29,938	$100,616	$12
2020	$40,820	$19,119	$100,604	$21,701
2019	$30,858	$30,857	$78,903	$1
2018	$37,528	$30,535	$78,902	$6,993

CORONA FIREFIGHTERS BENEVOLENT FUND INC