TOLEDO FIREFIGHTERS MUSEUM INC

🔒

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

1976

Legal Domicile

Principal Officer

MARK L RAJNER

Phone

4192156275

Tax Period

2024-01-01 to 2024-12-31

TOLEDO FIREFIGHTERS MUSEUM INC, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $108K in total revenue in fiscal year 2024. Revenue surged 49% from the prior year, signaling strong growth momentum. Expenses of $96K left a modest 11% surplus.

Mission

TO MAINTAIN A MUSEUM AND EDUCATE THE PUBLIC ON THE HISTORY OF FIREFIGHTING AND TO PROMOTE SAFETY.

Program Service Accomplishments

Program 1

Expenses: $84,730

PRESERVED THE HISTORY OF THE TOLEDO FIRE DEPARTMENT BY DISPLAYING VINTAGE FIRE FIGHTING EQUIPMENT AVAILABLE FOR THE VIEWING BY THE PUBLIC.

🔒

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 $106,215

Program Service Revenue $0

Investment Income $681

Other Revenue $1,587

TOTAL REVENUE $108,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $84,730

Other Expenses $96,171

TOTAL EXPENSES $96,171

Year-over-Year Comparison

	2024	2023	Change
Revenue	$108,483	$72,603	+0.5%
Expenses	$96,171	$43,747	+1.2%
Net Income	$12,312	$28,856	-0.6%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
JOE WALTER	PRESIDENT	Officer Director	$0	$0	$0
NICK SIMON	VICE PRESIDENT	Officer Director	$0	$0	$0
JOHN MCCLENNAN	SECRETARY	Officer Director	$0	$0	$0
ALLISON ARMSTRONG	TRUSTEE	Director	$0	$0	$0
JAMES MOSEBY	CURATOR	Officer Director	$0	$0	$0
TIMOTHY BOADEN	HISTORIAN	Officer Director	$0	$0	$0
MARK L RAJNER	TREASURER	Officer Director	$0	$0	$0
BOB BELL	TRUSTEE	Director	$0	$0	$0
KEVIN DECK	TRUSTEE	Director	$0	$0	$0
RALPH EMERY	TRUSTEE	Director	$0	$0	$0
JAMIE FERGUSON	TRUSTEE	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	$108,483	$96,171	$508,916	$12,312