ROCKY POINT VOLUNTEER FIREMEN'S BENEVOLENT ASSOCIATION INC

EIN: 237378582 Public Safety

ROCKY POINT, NY

Total Revenue
$433,427
Total Expenses
$169,321
Total Assets
$3,879,053
Net Assets
$3,879,053
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
NY
Principal Officer
DEBRA HANDEL
Phone
5169849071
Tax Period
2024-07-01 to 2025-06-30

ROCKY POINT VOLUNTEER FIREMEN'S BENEVOLENT ASSOCIATION INC, founded in 1967, is a small nonprofit in the Public Safety sector that reported $433K in total revenue in fiscal year 2024. Revenue surged 97% from the prior year, signaling strong growth momentum. The organization ran a surplus of $264K, a strong 61% operating margin.

Mission

TO PROVIDE AID AND ASSISTANCE TO DISABLED AND INDIGENT FIREMEN WHO ARE MEMBERS OF THE VOLUNTEER FIRE SERVICE IN THE LOCAL COMMUNITY.

Program Service Accomplishments

Program 1

THE ORGANIZATION RECEIVES A PROPORTIONATE SHARE OF STATE FIRE INSURANCE PREMIUM TAX IMPOSED UNDER STATE INSURANCE LAW. THIS REVENUE IS KNOWN AS 2% MONEY AND IS USED TO AID DISABLED AND INDIGENT...

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THE ORGANIZATION RECEIVES A PROPORTIONATE SHARE OF STATE FIRE INSURANCE PREMIUM TAX IMPOSED UNDER STATE INSURANCE LAW. THIS REVENUE IS KNOWN AS 2% MONEY AND IS USED TO AID DISABLED AND INDIGENT FIREMEN AND TO SUPPORT THE WELFARE OF THE LOCAL VOLUNTEER FIRE AND RESCUE SERVICE. THE MONEY IS COLLECTED, RETAINED AND DISBURSED IN ACCORDANCE WITH THE ORGANIZATION'S BY-LAWS. DISBURSEMENTS WERE MADE TO VOLUNTEERS IN FINANCIAL NEED DURING THE YEAR AND IN SUPPORT OF MEMBERS OF THE ROCKY POINT FIRE DEPARTMENT.

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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 $157,855
Program Service Revenue $0
Investment Income $275,572
Other Revenue $0
TOTAL REVENUE $433,427

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $169,321
TOTAL EXPENSES $169,321

Year-over-Year Comparison

2024 2023 Change
Revenue $433,427 $220,000 +1.0%
Expenses $169,321 $136,927 +0.2%
Net Income $264,106 $83,073 +2.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
N/A
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
4
$0
Total Directors
1
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DEGE RUSSELL TRUSTEE N/A
Director
$0 $0 $0
NEAL FREUND PRESIDENT N/A
Officer
$0 $0 $0
DEBRA HANDEL TREASURER N/A
Officer
$0 $0 $0
THOMAS HOLMES VICE PRESIDE N/A
Officer
$0 $0 $0
JANET STAUFER SECRETARY N/A
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
2025 $142,468 $74,883 $3,908,352 $67,585
2025 $433,427 $169,321 $3,879,053 $264,106
2024 $220,000 $136,927 $3,323,064 $83,073
2023 $172,187 $77,424 $2,924,653 $94,763
2022 $205,206 $76,211 $2,566,372 $128,995
2021 $138,599 $37,923 $3,014,405 $100,676
2020 $197,127 $45,129 $2,438,781 $151,998
2019 $186,402 $52,722 $2,225,683 $133,680
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