FIREMEN'S MUTUAL BENEVOLENT ASSOCIATION CLIFTON BENEFICIAL & BURIAL FUND (EIN 226073856) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1952

Legal Domicile

Principal Officer

ARTIE VEALE

Phone

9734705820

Tax Period

2023-01-01 to 2023-12-31

FIREMEN'S MUTUAL BENEVOLENT ASSOCIATION CLIFTON BENEFICIAL & BURIAL FUND, founded in 1952, is a small nonprofit that reported $172K in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $788K represent 55 months of operating reserves.

Mission

THE ORGANIZATION WAS ESTABLISHED TO FURTHER THE INTERESTS OF ITS MEMBERSHIP BY SEEKING IMPROVED TERMS AND CONDITIONS OF EMPLOYMENT, TO RENDER MORAL AND MATERIAL AID TO MEMBERS AS NEEDED, TO PROVIDE REPRESENTATION AND/OR COUNSEL IN LEGAL PROCEEDINGS, AND TO PROMOTE SOCIAL AND FRATERNAL ACTIVITIES.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $164,806

Program Service Revenue $0

Investment Income $7,601

Other Revenue $0

TOTAL REVENUE $172,407

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,868

Other Expenses $142,443

TOTAL EXPENSES $185,311

Year-over-Year Comparison

	2023	2022	Change
Revenue	$172,407	$152,958	+0.1%
Expenses	$185,311	$168,550	+0.1%
Net Income	$-12,904	$-15,592	-0.2%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM LAURITANO	TRUSTEE	5.00	Director	$0	$0	$0
WILLIAM MCMAHON	EXEC. DELEGATE	5.00	Director	$0	$0	$0
THOMAS NUNN	ALT. DELEGATE	5.00	Director	$0	$0	$0
BRETT BLAKE	TRUSTEE	5.00	Director	$0	$0	$0
MICHAEL ALLORA	TRUSTEE	5.00	Director	$0	$0	$0
DANIEL COLLINS	TRUSTEE	5.00	Director	$0	$0	$0
JOHN BEARD	PRESIDENT	10.00	Officer	$0	$0	$0
EDWARD POLAK	SECRETARY	10.00	Officer	$0	$0	$0
ARTIE VEALE	TREASURER	10.00	Officer	$0	$0	$0
MARK DREW	VICE PRESIDENT	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	No data	No data	No data	No data
2023	$172,407	$185,311	$788,461	$-12,904
2022	$152,958	$168,550	$705,802	$-15,592
2021	$271,099	$191,251	$803,773	$79,848
2020	$192,837	$131,049	$728,121	$61,788
2019	$137,078	$172,145	$643,138	$-35,067
2018	$177,017	$191,779	$586,211	$-14,762

FIREMEN'S MUTUAL BENEVOLENT ASSOCIATION CLIFTON BENEFICIAL & BURIAL FUND