INTERNATIONAL ASSOCIATION OF FIREF… - Form 990 Financial Data

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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

1985

Legal Domicile

Principal Officer

ANDREW SHOOP

Phone

6363971572

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF FIREFIGHTERS-LOCAL 2665, founded in 1985, is a community nonprofit that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $386K, a strong 17% operating margin.

Mission

TO PROVIDE MEMBERS WITH COMPETITIVE PAY, BENEFITS AND WORKING CONDITIONS WHILE PROVIDING THE RESIDENTS THEY SERVE WITH THE BEST LEVEL OF PROTECTION.

Program Service Accomplishments

Program 1

SUCCESSFULLY NEGOTIATED CBA FOR THE MEMBERS, ESTABLISHED HEALTH CARE TRUST

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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 $2,235,201

Program Service Revenue $0

Investment Income $7,408

Other Revenue $10,723

TOTAL REVENUE $2,253,332

Expense Breakdown

Grants Paid $0

Salaries & Benefits $552,054

Fundraising Expenses $0

Other Expenses $1,315,208

TOTAL EXPENSES $1,867,262

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,253,332	$1,991,452	+0.1%
Expenses	$1,867,262	$1,482,520	+0.3%
Net Income	$386,070	$508,932	-0.2%

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

N/A

Employees

Volunteers

N/A

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

$400,560

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DENNIS MURRAY	PRESIDENT	24.00	Officer	$40,680	$0	$40,680
ANDREW SHOOP	TREASURER	15.00	Officer	$59,880	$0	$59,880
DAVE SCHMIDT	VICE-PRESIDE	15.00	Officer	$25,200	$0	$25,200
DOUGLAS A RUSE	VICE-PRESIDE	15.00	Officer	$32,400	$0	$32,400
JOHN J DUFFY	VICE-PRESIDE	15.00	Officer	$40,200	$0	$40,200
BEN TOEDEBUSCH	VICE-PRESIDE	15.00	Officer	$32,400	$0	$32,400
PAUL VESSELLS	VICE-PRESIDE	15.00	Officer	$32,400	$0	$32,400
JOHN YOUNGBLOOD	VICE-PRESIDE	15.00	Officer	$32,400	$0	$32,400
CORY HOGAN	VICE-PRESIDE	15.00	Officer	$40,200	$0	$40,200
MARK KRAATZ	VICE-PRESIDE	15.00	Officer	$32,400	$0	$32,400
CHRIS MANTIA	VICE-PRESIDE	15.00	Officer	$32,400	$0	$32,400

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	$2,253,332	$1,867,262	$3,738,207	$386,070
2023	$1,991,452	$1,482,520	$3,375,844	$508,932
2022	$1,895,715	$1,490,864	$2,881,139	$404,851
2021	$1,802,895	$1,403,006	$2,553,465	$399,889
2020	$1,674,652	$1,380,990	$2,338,518	$293,662
2019	$1,679,593	$1,318,774	$2,235,389	$360,819
2018	$1,588,082	$1,388,473	$2,054,038	$199,609

INTERNATIONAL ASSOCIATION OF FIREFIGHTERS-LOCAL 2665