DETROIT FIRE DEPT MUTUAL BENEFIT FUND (EIN 382178791) - 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

1932

Legal Domicile

Phone

3139624595

Tax Period

2023-01-01 to 2023-12-31

DETROIT FIRE DEPT MUTUAL BENEFIT FUND, founded in 1932, is a small nonprofit that reported $241K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $74K, a strong 31% operating margin.

Mission

Payment of life, sickness or accident benefits to members or their dependents or designated beneficiaries

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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 (2023)

Revenue Breakdown

Contributions & Grants $221,283

Program Service Revenue $0

Investment Income $20,085

Other Revenue $0

TOTAL REVENUE $241,368

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,919

Fundraising Expenses $0

Other Expenses $13,857

TOTAL EXPENSES $167,449

Year-over-Year Comparison

	2023	2022	Change
Revenue	$241,368	$217,713	+0.1%
Expenses	$167,449	$179,953	-0.1%
Net Income	$73,919	$37,760	+1.0%

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

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

$13,985

Total Directors

$18,410

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BRIAN URBAS	TRUSTEE/SECY TREAS	001.00	Officer Director	$12,485	$0	$12,485
LEO SPITZIG	TRUSTEE	010.00	Officer Director	$750	$0	$750
CRAIG BINDER	TRUSTEE	001.00	Director	$750	$0	$750
DANIEL CRETU	TRUSTEE	001.00	Director	$750	$0	$750
ANTHONY DELIBERA	TRUSTEE	001.00	Director	$750	$0	$750
GREGORY SISOY	TRUSTEE	001.00	Director	$750	$0	$750
DAVID BROWN	TRUSTEE	001.00	Director	$750	$0	$750
JEFFREY URBAS	TRUSTEE	001.00	Officer Director	$750	$0	$750
MICHAEL URBAS	TRUSTEE/VP	001.00	Director	$675	$0	$675

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	No data	No data	No data	No data
2023	$241,368	$167,449	$563,366	$73,919
2022	$217,713	$179,953	$461,300	$37,760
2021	$250,844	$230,607	$495,131	$20,237
2020	$230,510	$198,834	$469,104	$31,676
2019	$242,756	$267,962	$411,279	$-25,206
2018	$217,576	$233,535	$392,235	$-15,959

DETROIT FIRE DEPT MUTUAL BENEFIT FUND