INTERNATIONAL ASSOCIATION OF FIRE LO439 ELGIN (EIN 366108434) - 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

Principal Officer

ROBERT MARQUARDT

Phone

8159552922

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF FIRE LO439 ELGIN is a small nonprofit that reported $293K in total revenue in fiscal year 2024. Expenses of $273K left a modest 7% surplus.

Mission

COLLECTIVE BARGAINING AGENT FOR FIREFIGHTERS.

🔒

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 $22,077

Program Service Revenue $255,124

Investment Income $16,238

Other Revenue $0

TOTAL REVENUE $293,439

Expense Breakdown

Grants Paid $0

Salaries & Benefits $79,563

Fundraising Expenses $15,680

Program Expenses $249,623

Other Expenses $185,914

TOTAL EXPENSES $273,007

Year-over-Year Comparison

	2024	2023	Change
Revenue	$293,439	$291,207	+0.0%
Expenses	$273,007	$250,311	+0.1%
Net Income	$20,432	$40,896	-0.5%

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

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

$13,696

Total Directors

$17,944

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL MURTAUGH	PRESIDENT	7.00	Officer	$0	$5,794	$5,794
ROBERT MARQUARDT	SECRETARY/TR	8.00	Officer	$0	$4,195	$4,195
KIP BORDEAU	VICE PRESIDE	5.00	Officer	$0	$3,707	$3,707
SHANNON MURPHY	SHOP STEWART	2.00	Director	$895	$2,471	$3,366
EUGENE GALINOVSKLY	SHOP STEWART	2.00	Director	$124	$2,835	$2,959
PATRICK RASMUSSEN	SHOP STEWART	2.00	Director	$0	$2,897	$2,897
CLAY POTVIN	SHOP STEWART	2.00	Director	$0	$2,471	$2,471
KEVIN WHELAN	SHOP STEWART	2.00	Director	$0	$2,471	$2,471
MARK SCHULTZ	SHOP STEWART	2.00	Director	$0	$2,035	$2,035
MATTHEW GANZIANO	SHOP STEWART	2.00	Director	$0	$1,745	$1,745

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	$293,439	$273,007	$449,500	$20,432
2023	$291,207	$250,311	$429,317	$40,896
2022	$265,788	$259,591	$386,906	$6,197
2021	$239,212	$184,635	$380,762	$54,577
2020	$238,320	$162,372	$326,125	$75,948
2019	$245,715	$191,773	$249,099	$53,942
2018	$252,748	$297,278	$195,184	$-44,530

INTERNATIONAL ASSOCIATION OF FIRE LO439 ELGIN