LOCAL 58 RELIEF FUND (EIN 472863765) - 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

2015

Legal Domicile

Principal Officer

MIKE MCLEMORE

Phone

2148766549

Tax Period

2018-01-01 to 2018-12-31

LOCAL 58 RELIEF FUND, founded in 2015, is a small nonprofit in the Public Safety sector that reported $348K in total revenue in fiscal year 2018. Revenue surged 647% from the prior year, signaling strong growth momentum.

Mission

THE LOCAL 58 RELIEF FUND WAS ESTABLISHED BY THE DALLAS FIRE FIGHTERS ASSOCIATION, LOCAL 58 TO ASSIST MEMBERS IN TIMES OF NEED AND HARDSHIP. THE LOCAL 58 RELIEF FUND'S PURPOSE IS TO ASSIST MEMBERS OF THE DALLAS FIRE FIGHTERS ASSOCIATION, LOCAL 58 WHO ARE IN GOOD STANDING AND THEIR FAMILIES IN TIMES OF NEED DUE TO ON THE JOB INJURIES, CATASTROPHIC EVENTS, AND LINE OF DUTY DEATHS. THE BOARD OF DIRECTORS ALSO MAINTAIN THE ABILITY TO ASSIST OTHER INDIVIDUALS WHO ARE NOT MEMBERS OF LOCAL 58 ON A CASE BY CASE BASIS.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $333,637

Program Service Revenue $0

Investment Income $0

Other Revenue $14,257

TOTAL REVENUE $347,894

Expense Breakdown

Grants Paid $344,949

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $344,949

Other Expenses $3,363

TOTAL EXPENSES $348,312

Year-over-Year Comparison

	2018	2017	Change
Revenue	$347,894	$46,577	+6.5%
Expenses	$348,312	$40,836	+7.5%
Net Income	$-418	$5,741	-1.1%

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
SCOTT PHILLIPS	SECRETARY/TR	5.00	Officer	$0	$0	$0
WADE WALKER	VICE PRESIDE	5.00	Officer	$0	$0	$0
MIKE MCLEMORE	PRESIDENT	5.00	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
2018	$347,894	$348,312	$40,934	$-418

LOCAL 58 RELIEF FUND