West Concord Firemans Relief Assoc (EIN 411833045) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1963

Legal Domicile

Phone

5075272668

Tax Period

2024-01-01 to 2024-12-31

West Concord Firemans Relief Assoc, founded in 1963, is a micro nonprofit that reported $68K in total revenue in fiscal year 2024. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $145K exceeded revenue, resulting in a 114% operating deficit.

Mission

A governmental entity that recieves and manages public money to provide retirement and ancillary benefits for individuals providing the government services of firefighting and emergency first response, and for their beneficiaries. Provide fundraising support for city fire dept.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $25,776

Program Service Revenue $30,440

Investment Income $7,826

Other Revenue $3,868

TOTAL REVENUE $67,910

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $145,267

Other Expenses $145,267

TOTAL EXPENSES $145,267

Year-over-Year Comparison

	2024	2023	Change
Revenue	$67,910	$86,880	-0.2%
Expenses	$145,267	$31,377	+3.6%
Net Income	$-77,357	$55,503	-2.4%

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

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
Rick Braithwaite	Trustee	0.50	Director	$0	$0	$0
Grant Erler	Trustee	0.50	Director	$0	$0	$0
Matthew Coy	Treasurer	2.00	Officer	$0	$0	$0
Jacob Froyum	President	1.00	Officer	$0	$0	$0
Jeremy Chilson	Vice President	0.50	Officer	$0	$0	$0
Kayla Woodward	Secretary	0.50	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
2024	$67,910	$145,267	$639,495	$-77,357
2023	$86,880	$31,377	$675,560	$55,503
2022	$47,254	$7,982	$561,326	$39,272
2021	$56,102	$43,738	$588,519	$12,364
2020	$72,184	$42,553	$576,155	$29,631
2019	$50,011	$15,586	$546,524	$34,425
2018	$41,554	$5,263	$512,099	$36,291

West Concord Firemans Relief Assoc