MALVERNE, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VOLUNTEER AND EXEMPT FIREMEN'S BENEVOLENT ASSOCIATION OF MALVERNE INC, founded in 1940, is a micro nonprofit in the Public Safety sector that reported $91K in total revenue in fiscal year 2023. The organization ran a surplus of $47K, a strong 52% operating margin.
TO CREATE, FORM AND ESTABLISH AN ORGANIZATION TO BENEFIT THE PRESENT AND FORMER MEMBERS OF THE MALVERNE FIRE DEPARTMENT; TO PROVIDE SICK, DISABLED OR INDIGENT BENEFITS AND DEATH BENEFITS TO ELIGIBLE PRESENT AND FORMER MEMBERS OF THE FIRE DEPARTMENT BY PROVIDING FUNDS TO HELP OFFSET THE COSTS OF INSURANCE; TO PROVIDE FINANCIAL ASSISTANCE TO THE MEMBERS AND THEIR FAMILIES WHO ARE SICK OR INDIGENT; TO PROMOTE THE WELFARE OF THE FIRE SERVICES WITH THE MALVERNE FIRE DISTRICT; TO PROVIDE AND SUPPORT THE RIGHTS AND BENEFITS OF EACH MEMBER AND THEIR BENEFICIARIES.
MEMBERS CAN APPLY FOR MONETARY HELP IF THEY ARE INDIGENT OR IN DIRE NEED OF ASSISTANCE WITH REGARD TO FUNERAL EXPENSES, WELFARE ASSISTANCE, MEDICAL COSTS, LEGAL, SICK AND DEATH BENEFITS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $91,481 | $91,637 | 0.0% |
| Expenses | $44,298 | $38,375 | +0.2% |
| Net Income | $47,183 | $53,262 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOSEPH ALVINO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN BRADY | PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID GIARDINA | 1ST VICE PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHN WOLFFE | SECRETARY | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT ROTH JR | TREASURER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID WEINSTEIN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT GIARDINA | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| SCOTT EDWARDS | 2ND VICE PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| WADE ENGEL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $91,481 | $44,298 | $1,484,197 | $47,183 |
| 2022 | $91,637 | $38,375 | $1,370,267 | $53,262 |
| 2021 | $116,698 | $47,279 | $1,481,226 | $69,419 |
| 2020 | $89,464 | $37,016 | $1,366,617 | $52,448 |
| 2019 | $76,553 | $28,417 | $1,264,709 | $48,136 |
| 2018 | $84,584 | $38,807 | $1,133,995 | $45,777 |
Compare VOLUNTEER AND EXEMPT FIREMEN'S BENEVOLENT ASSOCIATION OF MALVERNE INC with other nonprofits in New York and across the country.