BETHANY VOLUNTEERS FIREMANS ASSOC INC

EIN: 222816991 501(c)(3)

BETHANY, CT

Total Revenue
$567,993
Total Expenses
$498,396
Total Assets
$360,407
Net Assets
$360,407
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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
1980
Legal Domicile
CT
Principal Officer
JAMIE WEID
Phone
2033932799
Tax Period
2024-07-01 to 2025-06-30

BETHANY VOLUNTEERS FIREMANS ASSOC INC, founded in 1980, is a small nonprofit that reported $568K in total revenue in fiscal year 2024. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $498K left a modest 12% surplus.

Mission

PUBLIC AND PROPERTY SAFETY-FIRE HOUSE AND AMBULANCE

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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 (2024)

Revenue Breakdown

Contributions & Grants $384,437
Program Service Revenue $191,760
Investment Income $-15,444
Other Revenue $7,240
TOTAL REVENUE $567,993

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $472,633
Other Expenses $498,396
TOTAL EXPENSES $498,396

Year-over-Year Comparison

2024 2023 Change
Revenue $567,993 $459,950 +0.2%
Expenses $498,396 $485,601 +0.0%
Net Income $69,597 $-25,651 -3.7%
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
2
Independent Members
2
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
2
$9,852
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD COGILL CHIEF 40.00
Officer
$0 $0 $0
JAMIE WEID TREASURER 5.00
Officer
$0 $9,852 $9,852
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 $567,993 $498,396 $360,407 $69,597
2024 $459,950 $485,601 $290,810 $-25,651
2023 $462,186 $404,149 $316,793 $58,037
2022 $485,320 $463,480 $248,146 $21,840
2021 $383,508 $368,920 $236,960 $14,588
2020 $386,223 $353,470 $138,596 $32,753
2019 $359,815 $352,762 $150,447 $7,053
2018 $379,360 $396,539 $157,380 $-17,179
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