VOLUNTEER & EXEMPT FIREMENS BENEVOLENT ASSOC OF FARMINGDALE C/O R CARPENTER (EIN 270549707) - 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

1939

Legal Domicile

Principal Officer

DOUGLAS YENZER

Phone

5165319820

Tax Period

2025-01-01 to 2025-12-31

VOLUNTEER & EXEMPT FIREMENS BENEVOLENT ASSOC OF FARMINGDALE C/O R CARPENTER, founded in 1939, is a small nonprofit in the Mutual Benefit sector that reported $214K in total revenue in fiscal year 2025. Revenue decreased 15% compared to the prior year. The organization ran a surplus of $105K, a strong 49% operating margin.

Mission

TO SHARE INFORMATION AND HISTORY OF THE FARMINGDALE FIRE DEPARTMENT BENEVOLENT ASSOCIATION AND THE FARMINGDALE FIRE DEPARTMENT, AND TO HELP KEEP MEMBERS INFORMED.

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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 (2025)

Revenue Breakdown

Contributions & Grants $138,564

Program Service Revenue $0

Investment Income $75,616

Other Revenue $0

TOTAL REVENUE $214,180

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $64,758

Other Expenses $52,911

TOTAL EXPENSES $109,212

Year-over-Year Comparison

	2025	2024	Change
Revenue	$214,180	$252,379	-0.2%
Expenses	$109,212	$114,578	0.0%
Net Income	$104,968	$137,801	-0.2%

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

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

173

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
ROBERT LOPEZ	VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
DOUGLAS YENZER	PRESIDENT	4.00	Officer Director	$0	$0	$0
HENRY PIELOCH	SECRETARY	4.00	Officer Director	$0	$0	$0
RUSSELL CARPENTER	TREASURER	4.00	Officer Director	$0	$0	$0
MICHAEL KELLY	TRUSTEE	4.00	Director	$0	$0	$0
KENNETH TORTOSO	FINANCIAL SECRETARY	4.00	Officer Director	$0	$0	$0
WILLIAM BENSEN	TRUSTEE	4.00	Director	$0	$0	$0
THOMAS TSAKTSIRLIS	TRUSTEE	4.00	Director	$0	$0	$0
PETER WASS	TRUSTEE	4.00	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	$214,180	$109,212	$2,719,622	$104,968
2024	$252,379	$114,578	$2,315,430	$137,801
2023	$157,250	$85,218	$1,939,537	$72,032
2022	$186,673	$97,416	$1,668,113	$89,257
2021	$250,619	$78,636	$1,952,459	$171,983
2020	$142,866	$83,453	$1,635,079	$59,413
2019	$100,393	$87,105	$1,478,844	$13,288
2018	$137,196	$64,202	$1,231,494	$72,994

VOLUNTEER & EXEMPT FIREMENS BENEVOLENT ASSOC OF FARMINGDALE C/O R CARPENTER