CROSSLAKE FIREFIGHTER'S RELIEF ASSN (EIN 411340762) - 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

1970

Legal Domicile

Principal Officer

JOSEPH CHASE

Phone

2186922688

Tax Period

2024-01-01 to 2024-12-31

CROSSLAKE FIREFIGHTER'S RELIEF ASSN, founded in 1970, is a small nonprofit that reported $198K in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $355K exceeded revenue, resulting in a 79% operating deficit.

Mission

TO ACCUMULATE, MAINTAIN, AND MANAGE FUNDS FOR RETIREMENT BENEFITS FOR MEMBERS WHO ARE VOLUNTEER FIREFIGHTERS OF THE CROSSLAKE FIRE DEPARTMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $160,191

Program Service Revenue $0

Investment Income $33,367

Other Revenue $4,441

TOTAL REVENUE $197,999

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,600

Fundraising Expenses $0

Program Expenses $354,576

Other Expenses $79,372

TOTAL EXPENSES $354,576

Year-over-Year Comparison

	2024	2023	Change
Revenue	$197,999	$174,975	+0.1%
Expenses	$354,576	$97,152	+2.6%
Net Income	$-156,577	$77,823	-3.0%

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

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	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH CHASE	PRESIDENT	N/A	Officer Director	$0	$0	$0
DOUGLAS BENZER	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
REED NELSON	TREASURER	N/A	Officer Director	$0	$0	$0
SONYA KOSLOSKI	SECRETARY	N/A	Officer Director	$0	$0	$0
RYAN GRUBA	TRUSTEE	N/A	Director	$0	$0	$0
MATTHEW GALLAWAY	TRUSTEE	N/A	Director	$0	$0	$0
CHAR NELSON	CITY FINANCE	N/A	Director	$0	$0	$0
CHIP LOHMILLER	FIRE CHIEF	N/A	Director	$0	$0	$0
DAVE NEVIN	CITY MAYOR	N/A	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	$197,999	$354,576	$1,389,134	$-156,577
2023	$174,975	$97,152	$1,448,561	$77,823
2022	$168,439	$414,768	$1,281,185	$-246,329
2021	$195,021	$103,319	$1,716,518	$91,702
2020	$166,625	$187,577	$1,503,573	$-20,952
2019	$163,143	$79,295	$1,440,983	$83,848
2018	$146,361	$84,129	$1,186,377	$62,232

CROSSLAKE FIREFIGHTER'S RELIEF ASSN