Medford Volunteer Firemen's Relief Association (EIN 411600827) - 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

1968

Legal Domicile

Principal Officer

Ben Maas

Phone

5077791141

Tax Period

2023-01-01 to 2023-12-31

Medford Volunteer Firemen's Relief Association, founded in 1968, is a small nonprofit that reported $194K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Net assets of $1.2M represent 76 months of operating reserves.

Mission

To provide retirement benefits to voluteer firefighters.

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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 $55,798

Program Service Revenue $0

Investment Income $12,819

Other Revenue $124,936

TOTAL REVENUE $193,553

Expense Breakdown

Grants Paid $124,500

Salaries & Benefits $1,900

Fundraising Expenses $0

Program Expenses $195,612

Other Expenses $13,338

TOTAL EXPENSES $205,787

Year-over-Year Comparison

	2023	2022	Change
Revenue	$193,553	$174,382	+0.1%
Expenses	$205,787	$116,971	+0.8%
Net Income	$-12,234	$57,411	-1.2%

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

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

$1,900

Total Directors

$1,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ben Maas	President	1.00	Officer Director	$500	$0	$500
Eric Finholdt	Vice President	1.00	Officer Director	$400	$0	$400
Kelly Markhem	Secretary	1.00	Officer Director	$500	$0	$500
Chris Ditlevson	Treasurer	1.00	Officer Director	$500	$0	$500
Matt Mullenbach	Trustee	1.00	Director	$0	$0	$0
Brad Hager	Trustee	1.00	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	No data	No data	No data	No data
2023	$193,553	$205,787	$1,235,590	$-12,234
2022	$174,382	$116,971	$1,053,336	$57,411
2021	$198,635	$151,272	$1,200,487	$47,363
2020	$66,360	$33,601	$996,145	$32,759
2019	$38,754	$7,698	$812,876	$31,056
2018	$57,168	$20,146	$644,456	$37,022

Medford Volunteer Firemen's Relief Association