BLOOMINGTON FIRE DEPARTMENT INC

EIN: 392027964 501(c)(3) Public Safety

BLOOMINGTON, WI

Total Revenue
$134,261
Total Expenses
$201,981
Total Assets
$425,092
Net Assets
$246,011
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1992
Legal Domicile
WI
Principal Officer
JAMES STRUNTZ
Phone
6089942383
Tax Period
2022-01-01 to 2022-12-31

BLOOMINGTON FIRE DEPARTMENT INC, founded in 1992, is a small nonprofit in the Public Safety sector that reported $134K in total revenue in fiscal year 2022. Revenue decreased 17% compared to the prior year. Expenses of $202K exceeded revenue, resulting in a 50% operating deficit.

Mission

PROVIDED FIRE & RESCUE SERVICES FOR BLOOMINGTON & SURROUNDING AREA.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $14,165
Program Service Revenue $95,743
Investment Income $24,353
Other Revenue $0
TOTAL REVENUE $134,261

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,219
Fundraising Expenses $0
Program Expenses $193,601
Other Expenses $194,762
TOTAL EXPENSES $201,981

Year-over-Year Comparison

2022 2021 Change
Revenue $134,261 $160,875 -0.2%
Expenses $201,981 $232,103 -0.1%
Net Income $-67,720 $-71,228 0.0%
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

Sign In

Governance

Voting Members
22
Independent Members
22
Employees
22
Volunteers
22

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
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM HOFFMAN 2ND CHIEF N/A
Officer
$0 $0 $0
DENNIS MORIS SEC-TREASURE N/A
Officer
$0 $0 $0
JAMES STRUNTZ IST CHIEF N/A
Officer
$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
2022 $134,261 $201,981 $425,092 $-67,720
2021 $160,875 $232,103 $517,812 $-71,228
2020 $108,700 $215,495 $589,478 $-106,795
2019 $238,088 $185,481 $721,273 $52,607
2018 $105,123 $138,464 $542,126 $-33,341
Explore More Nonprofits
→Top 100 Nonprofits in Wisconsin →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BLOOMINGTON FIRE DEPARTMENT INC with other nonprofits in Wisconsin and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.