INTERNATIONAL ASSOC OF FIRE FIGHTE… - Form 990 Financial Data

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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

1940

Legal Domicile

Principal Officer

ERIC COOK

Phone

9704301848

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOC OF FIRE FIGHTERS LOCAL #1945 FT COLLINS CO, founded in 1940, is a small nonprofit that reported $246K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $233K left a modest 5% surplus.

Mission

IAFF 1945 SERVES IT'S MEMBERS GOOD AND WELFARE THROUGH REPRESENTATION IN THE COMMUNITY AND IN REPRESENTATION OF THE MEMBERS IN DEALINGS WITH THE GOVERNING BODIES OF OUR EMPLOYERS. WE ALSO CONTRIBUTE TO, AND SPONSOR, PUBLIC SAFETY EVENTS AND ASSIST WITH LOCAL DISASTER PREPAREDNESS AND RELIEF EFFORTS.

Program Service Accomplishments

Program 1

PROVIDE MEMBERS WITH FAIR REPRESENTATION AND AN EQUAL VOICE ON LABOR RELATED ISSUES BOTH WITHIN THE POUDRE FIRE AUTHORITY AND THE COMMUNITY WE SERVE.

Program 2

PROVIDE SUPPORT AND OTHER RESOURCES TO THE LOCAL COMMUNITY AND MEMBERS THROUGH GRANT DISTRIBUTIONS.

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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 $9,673

Program Service Revenue $232,564

Investment Income $6,155

Other Revenue $-2,502

TOTAL REVENUE $245,890

Expense Breakdown

Grants Paid $33,936

Salaries & Benefits $26,115

Fundraising Expenses $0

Other Expenses $172,543

TOTAL EXPENSES $232,594

Year-over-Year Comparison

	2024	2023	Change
Revenue	$245,890	$217,947	+0.1%
Expenses	$232,594	$188,349	+0.2%
Net Income	$13,296	$29,598	-0.6%

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

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

$20,892

Total Directors

$26,115

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERIC COOK	PRESIDENT	10.00	Officer Director	$5,223	$0	$5,223
LUKE PHIPPEN	VICE PRESIDENT	8.00	Officer Director	$5,223	$0	$5,223
ALEX SHUBIN	TREASURER	10.00	Officer Director	$5,223	$0	$5,223
LINDSAY BOURDON	SECRETARY	4.00	Officer Director	$5,223	$0	$5,223
CARLOS MEZA	AT LARGE MEMBER	4.00	Director	$5,223	$0	$5,223

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	$245,890	$232,594	$327,369	$13,296
2023	$217,947	$188,349	$314,249	$29,598

INTERNATIONAL ASSOC OF FIRE FIGHTERS LOCAL #1945 FT COLLINS CO