RIVERHEAD VOLUNTEER FIREFIGHTERS ASSOCIATION INC (EIN 452897446) - 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

2011

Legal Domicile

Principal Officer

JOE HARTMANN

Phone

5165275306

Tax Period

2023-01-01 to 2023-12-31

RIVERHEAD VOLUNTEER FIREFIGHTERS ASSOCIATION INC, founded in 2011, is a small nonprofit in the Public Safety sector that reported $285K in total revenue in fiscal year 2023. Revenue decreased 9% compared to the prior year. Expenses of $360K exceeded revenue, resulting in a 26% operating deficit.

Mission

TO PROMOTE HARMONY AND FELLOWSHIP AMONG THE MEMBERS OF THE RIVERHEAD FIRE DEPARTMENT AND TO COMFORT AND ASSIST NEEDY MEMBERS OF THE ASSOCIATION.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $258,902

Program Service Revenue $0

Investment Income $23,468

Other Revenue $2,495

TOTAL REVENUE $284,865

Expense Breakdown

Grants Paid $10,545

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $345,869

Other Expenses $349,097

TOTAL EXPENSES $359,642

Year-over-Year Comparison

	2023	2022	Change
Revenue	$284,865	$313,051	-0.1%
Expenses	$359,642	$286,599	+0.3%
Net Income	$-74,777	$26,452	-3.8%

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

167

Independent Members

167

Employees

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOE HARTMANN	CHIEF/PRESID	9.00	Officer	$0	$0	$0
WILLIAM RENTEN JR	1S ASST CHIE	8.00	Officer	$0	$0	$0
PIOTR KURZYNA	2ND ASST CHI	7.00	Officer	$0	$0	$0
SEAN BRENNAN	3RD ASST CHI	7.00	Officer	$0	$0	$0
MADDISON MASSINA	SECRETARY	9.00	Officer	$0	$0	$0
LANE BUBKA	ASST SEC'Y	8.00	Officer	$0	$0	$0
JAMES NIEWADOMSKI	TREASURER	11.00	Officer	$0	$0	$0
DENNIS KENTER	ASST. TREASU	8.00	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	$284,865	$359,642	$1,174,344	$-74,777
2022	$313,051	$286,599	$1,206,108	$26,452
2021	$259,869	$184,737	$1,275,742	$75,132
2020	$174,456	$102,821	$1,149,620	$71,635
2019	$199,521	$182,496	$1,035,158	$17,025
2018	$205,574	$201,341	$942,764	$4,233

RIVERHEAD VOLUNTEER FIREFIGHTERS ASSOCIATION INC