OMAHA FIREFIGHTERS' BENEFIT ASSOCIATION (EIN 476024639) - 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

1964

Legal Domicile

Principal Officer

ANTHONY KOESTERS

Phone

4029687376

Tax Period

2024-08-01 to 2025-07-31

OMAHA FIREFIGHTERS' BENEFIT ASSOCIATION, founded in 1964, is a small nonprofit that reported $499K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. The organization ran a surplus of $264K, a strong 53% operating margin.

Mission

THE FUND IS ESTABLISHED TO PAY DEATH AND DISABILITY BENEFIT FOR MEMBERS.

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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 $69,499

Program Service Revenue $0

Investment Income $429,029

Other Revenue $0

TOTAL REVENUE $498,528

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $172,600

Other Expenses $62,021

TOTAL EXPENSES $234,621

Year-over-Year Comparison

	2024	2023	Change
Revenue	$498,528	$531,033	-0.1%
Expenses	$234,621	$147,852	+0.6%
Net Income	$263,907	$383,181	-0.3%

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

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
MICKEY MCLAUGHLIN	PRESIDENT	0.50	Officer	$0	$0	$0
NICK EDMUNDSON	SECRETARY	0.50	Officer	$0	$0	$0
BRANDYN BENNING	TRUSTEE	0.50	Officer	$0	$0	$0
ANTHONY KOESTERS	TREASURER	0.50	Officer	$0	$0	$0
JULIE MORAN	TRUSTEE	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
2025	$498,528	$234,621	$8,916,044	$263,907
2024	$531,033	$147,852	$8,254,723	$383,181
2023	$214,885	$281,511	$7,416,594	$-66,626
2022	$496,457	$181,989	$7,332,438	$314,468
2021	$468,981	$205,319	$8,239,727	$263,662
2020	$372,262	$138,506	$6,818,433	$233,756
2019	$352,867	$183,018	$6,460,846	$169,849
2018	$318,681	$205,905	$6,188,701	$112,776

OMAHA FIREFIGHTERS' BENEFIT ASSOCIATION