THE GROTON VOLUNTEER FIREFIGHTERS ASSOCIATION INC (EIN 300473358) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Phone

6078983135

Tax Period

2024-01-01 to 2024-12-31

THE GROTON VOLUNTEER FIREFIGHTERS ASSOCIATION INC, founded in 2007, is a community nonprofit in the Public Safety sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 36% from the prior year, signaling strong growth momentum. The organization ran a surplus of $172K, a strong 16% operating margin.

Mission

TO PROVIDE FIRE PROTECTION AND EMERGENCY MEDICAL SERVICES TO THE CITIZENS IN THE TOWN OF GROTON AND ITS OUTLYING AREAS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $26,293

Program Service Revenue $970,257

Investment Income $6,893

Other Revenue $41,003

TOTAL REVENUE $1,044,446

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,000

Fundraising Expenses $0

Program Expenses $831,061

Other Expenses $859,286

TOTAL EXPENSES $872,286

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,044,446	$766,544	+0.4%
Expenses	$872,286	$691,525	+0.3%
Net Income	$172,160	$75,019	+1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

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

$13,000

Total Directors

$13,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FLORENCE ALLEN	TREASURER	3.00	Officer Director	$10,300	$0	$10,300
LAUREN DICKENSON	SECRETARY	2.00	Officer Director	$2,700	$0	$2,700
BEN NELSON	WARDEN	1.00	Director	$0	$0	$0
SAM ROSE	WARDEN	1.00	Director	$0	$0	$0
ROBERT GALLINGER	WARDEN	1.00	Director	$0	$0	$0
LESTER COIT	WARDEN	1.00	Director	$0	$0	$0
RICHARD NEVILLE	WARDEN	1.00	Director	$0	$0	$0
LANCE COIT	WARDEN	1.00	Director	$0	$0	$0
LEE SHURTLEFF	WARDEN	1.00	Director	$0	$0	$0
JAMES ADAMS	WARDEN	1.00	Director	$0	$0	$0
MICHAEL LOCKWOOD	WARDEN	1.00	Director	$0	$0	$0
JOSHUA BARRON	WARDEN	1.00	Director	$0	$0	$0
ERIC DEFOREST	CHIEF WARDEN	1.00	Officer 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
2024	$1,044,446	$872,286	$2,199,995	$172,160
2023	$766,544	$691,525	$2,055,180	$75,019
2022	$661,884	$610,908	$1,945,558	$50,976
2021	$648,780	$569,168	$1,901,884	$79,612
2020	$607,017	$590,747	$1,882,182	$16,270
2019	$593,143	$585,352	$1,895,353	$7,791
2018	$557,970	$609,830	$1,925,410	$-51,860

THE GROTON VOLUNTEER FIREFIGHTERS ASSOCIATION INC