LE CENTER FIREMENS RELIEF ASSOCIATION (EIN 416039525) - 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

1974

Legal Domicile

Principal Officer

JOHN PAULSEN

Phone

5073043966

Tax Period

2023-01-01 to 2023-12-31

LE CENTER FIREMENS RELIEF ASSOCIATION, founded in 1974, is a small nonprofit that reported $162K in total revenue in fiscal year 2023. The organization ran a surplus of $87K, a strong 54% operating margin.

Mission

TO PROVIDE RETIREMENT BENEFITS TO FIRE FIGHTERS UPON THEIR RETIREMENT FROM THE 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 (2023)

Revenue Breakdown

Contributions & Grants $47,187

Program Service Revenue $0

Investment Income $56,197

Other Revenue $58,868

TOTAL REVENUE $162,252

Expense Breakdown

Grants Paid $0

Salaries & Benefits $400

Fundraising Expenses $0

Program Expenses $70,723

Other Expenses $4,076

TOTAL EXPENSES $75,199

Year-over-Year Comparison

	2023	2022	Change
Revenue	$162,252	$-11,952	-14.6%
Expenses	$75,199	$77,277	0.0%
Net Income	$87,053	$-89,229	-2.0%

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

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

$400

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB PETRASEK	Secretary	2.00	Officer	$200	$0	$200
DEREK TRAXLER	Treasurer	2.00	Officer	$200	$0	$200
BRANDON FREDRICKSON	Trustee	1.00	Director	$0	$0	$0
BEN ROBINSON	TRUSTEE	1.00	Director	$0	$0	$0
JARED SCHLOESSER	Vice President	1.00	Officer	$0	$0	$0
JOHN PAULSEN	President & CEO	1.00	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	No data	No data	No data	No data
2023	$162,252	$75,199	$655,682	$87,053
2022	$-11,952	$77,277	$560,337	$-89,229
2021	$123,768	$100,673	$647,827	$23,095
2020	$84,028	$46,782	$624,667	$37,246
2019	$92,366	$35,473	$587,863	$56,893
2018	$18,652	$2,072	$530,557	$16,580

LE CENTER FIREMENS RELIEF ASSOCIATION