THE CONNECTICUT FIREMEN'S HISTORIC… - 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

1970

Legal Domicile

Phone

8606499436

Tax Period

2024-10-01 to 2025-09-30

THE CONNECTICUT FIREMEN'S HISTORICAL SOCIETY INC, founded in 1970, is a small nonprofit that reported $136K in total revenue in fiscal year 2024. Revenue surged 127% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 50% operating margin.

Mission

MAINTAIN HISTORICAL MUSEUM AND EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $41,026 Revenue: $-842

TO PROVIDE FIREFIGHTING AND FIRE PROTECTION EDUCATION, INFORMATION AND REFERENCE SERVICE FOR THE PUBLIC AND FIRE SERVICE DEPARTMENTS AND VOLUNTEER COMPANIES.

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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 $9,830

Program Service Revenue $618

Investment Income $127,161

Other Revenue $-1,460

TOTAL REVENUE $136,149

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,984

Fundraising Expenses $1,564

Program Expenses $41,026

Other Expenses $54,428

TOTAL EXPENSES $67,412

Year-over-Year Comparison

	2024	2023	Change
Revenue	$136,149	$59,847	+1.3%
Expenses	$67,412	$75,321	-0.1%
Net Income	$68,737	$-15,474	-5.4%

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

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
WAYNE CROSSMAN	PRESIDENT	1.00	Officer Director	$0	$0	$0
LUCY CROSSMAN	RECORDING SEC	1.00	Officer Director	$0	$0	$0
LAURETTE LUZUSKY	CORR SECRETARY	1.00	Officer Director	$0	$0	$0
JUSTIN FORD	TRUSTEE	1.00	Director	$0	$0	$0
HENRY PALMER	TREASURER	1.00	Officer Director	$0	$0	$0
MARK REDMAN	TRUSTEE	1.00	Director	$0	$0	$0
JAMES BROWN	TRUSTEE	1.00	Director	$0	$0	$0
STEVE BRUNELLE	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
STEVE LING	TRUSTEE	1.00	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
2025	$136,149	$67,412	$1,331,278	$68,737
2024	$59,847	$75,321	$1,283,280	$-15,474
2023	$42,968	$65,216	$1,165,731	$-22,248
2022	$129,071	$99,949	$1,139,564	$29,122
2021	$413,115	$85,102	$1,265,632	$328,013
2020	$52,659	$75,054	$877,360	$-22,395
2019	$28,932	$44,982	$859,874	$-16,050
2018	$36,666	$48,552	$856,381	$-11,886

THE CONNECTICUT FIREMEN'S HISTORICAL SOCIETY INC