BANGOR BOROUGH FIREFIGHTERS RELIEF ASSOCIATION (EIN 236395263) - 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

1914

Legal Domicile

Principal Officer

MATTHEW PINTO

Phone

4847646872

Tax Period

2021-01-01 to 2021-12-31

BANGOR BOROUGH FIREFIGHTERS RELIEF ASSOCIATION, founded in 1914, is a micro nonprofit in the Public Safety sector that reported $56K in total revenue in fiscal year 2021. Revenue surged 26% from the prior year, signaling strong growth momentum. Net assets of $484K represent 103 months of operating reserves.

Mission

MAINTAIN FINANCIAL ACCOUNTS TO ASSIST 3 LOCAL FIRE DEPARTMENT WHEN NEEDED

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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 (2021)

Revenue Breakdown

Contributions & Grants $22,009

Program Service Revenue $0

Investment Income $34,130

Other Revenue $0

TOTAL REVENUE $56,139

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,400

Fundraising Expenses $0

Program Expenses $38,763

Other Expenses $45,999

TOTAL EXPENSES $57,399

Year-over-Year Comparison

	2021	2020	Change
Revenue	$56,139	$44,666	+0.3%
Expenses	$57,399	$54,681	+0.0%
Net Income	$-1,260	$-10,015	-0.9%

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

N/A

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

$1,400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LARRY LOBB	PRESIDENT	2.00	Officer	$0	$200	$200
AL BILSKY	VICE PRESIDENT	2.00	Officer	$0	$0	$0
JAMES PATTI	SECRETARY	5.00	Officer	$0	$600	$600
MATTHEW PINTO	TREASURER	5.00	Officer	$0	$600	$600
JASON PARSONS	ASSISTANT TREASURER	1.00	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
2021	$56,139	$57,399	$483,809	$-1,260
2020	$44,666	$54,681	$485,068	$-10,015
2019	$58,739	$23,066	$495,056	$35,673
2018	$59,180	$45,424	$459,383	$13,756

BANGOR BOROUGH FIREFIGHTERS RELIEF ASSOCIATION