POSEN AREA FIRE AUTHORITY

EIN: 383214905 501(c)(3) Public Safety

POSEN, MI

Total Revenue
$206,451
Total Expenses
$139,318
Total Assets
$854,180
Net Assets
$852,430
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
MI
Principal Officer
KAILEA ROMEL
Phone
9897668202
Tax Period
2023-04-01 to 2024-03-31

POSEN AREA FIRE AUTHORITY, founded in 2007, is a small nonprofit in the Public Safety sector that reported $206K in total revenue in fiscal year 2023. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $67K, a strong 33% operating margin.

Mission

THE POSEN AREA FIRE AND RESCUE IS LOCATED IN PRESQUE ISLE COUNTY. THE ORGANIZATION PROVIDES FIRE PROTECTION TO KRAKOW, METZ, POSEN AND PULAWSKI TOWNSHIPS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $61,260
Program Service Revenue $141,793
Investment Income $0
Other Revenue $3,398
TOTAL REVENUE $206,451

Expense Breakdown

Grants Paid $0
Salaries & Benefits $28,999
Fundraising Expenses $0
Program Expenses $129,108
Other Expenses $110,319
TOTAL EXPENSES $139,318

Year-over-Year Comparison

2023 2022 Change
Revenue $206,451 $139,508 +0.5%
Expenses $139,318 $153,581 -0.1%
Net Income $67,133 $-14,073 -5.8%
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

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Governance

Voting Members
5
Independent Members
5
Employees
26
Volunteers
24

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
3
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
THOMAS HEIN CO-CHAIRMAN N/A
Officer Director
$0 $0 $0
MITCH MULKA TRUSTEE N/A
Director
$0 $0 $0
MARTHA ROZNOWSKI BOARD SECRET N/A
Officer Director
$0 $0 $0
JAMES ZAKSHESKY CHAIRMAN N/A
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 $206,451 $139,318 $854,180 $67,133
2023 $139,508 $153,581 $748,232 $-14,073
2022 $133,923 $136,975 $776,578 $-3,052
2021 $133,567 $122,780 $788,400 $10,787
2020 $133,825 $123,820 $820,306 $10,005
2019 $130,671 $125,000 $853,949 $5,671
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