GLENDALE FIREFIGHTERS ASSOCIATION … - 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

1969

Legal Domicile

Principal Officer

SCOTT MOHLENBROK

Phone

7143567676

Tax Period

2019-06-01 to 2020-05-31

GLENDALE FIREFIGHTERS ASSOCIATION INC, founded in 1969, is a small nonprofit that reported $317K in total revenue in fiscal year 2019. The organization ran a surplus of $68K, a strong 22% operating margin.

Mission

LABOR UNION

Program Service Accomplishments

Program 1

MANAGING AND ORGANIZING ACTIVITIES OF THE LOCAL AND DISBURSING INFORMATION TO AND RECEIVING INFORMATION FROM MEMBERS.

Program 2

COLLECTIVE BARGAINING AND REPRESENTATION TO MANAGEMENT ON WORK ISSUES.

Program 3

MEMBERSHIP REPRESENTATION AT LOCAL AND NATIONAL CONFERENCES AND CONVENTIONS.

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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 (2019)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $313,974

Investment Income $2,672

Other Revenue $0

TOTAL REVENUE $316,646

Expense Breakdown

Grants Paid $0

Salaries & Benefits $56,800

Fundraising Expenses $0

Other Expenses $163,001

TOTAL EXPENSES $248,486

Year-over-Year Comparison

	2019	2018	Change
Revenue	$316,646	$305,098	+0.0%
Expenses	$248,486	$293,852	-0.2%
Net Income	$68,160	$11,246	+5.1%

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

$10,258

Total Directors

$56,800

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEVEN R KEYS	Director	2.00	Director	$19,788	$0	$19,788
JOSEPH COORY	Treasurer	2.00	Officer Director	$10,258	$0	$10,258
JEFF BROOKS	Director	2.00	Director	$10,248	$0	$10,248
ARA ZAKARIAN	Director	2.00	Director	$2,811	$0	$2,811
JOSEPH FLAHAVAN	Director	2.00	Director	$1,980	$0	$1,980
ARA HOONANIAN	Director	2.00	Director	$1,980	$0	$1,980
STEVEN PETIT	Director	2.00	Director	$1,980	$0	$1,980
THOMAS BAIL	Director	2.00	Director	$1,980	$0	$1,980
CHRISTOPHER S JERNEGAN	Director	2.00	Director	$1,980	$0	$1,980
NICHOLAS HARMAN	Director	2.00	Director	$1,650	$0	$1,650
DEREK TAMBURRO	Director	2.00	Director	$1,485	$0	$1,485
NATHAN MOROSHAN	Director	0.00	Director	$660	$0	$660
BRENDAN R EDWARDS	Director	2.00	Officer Director	$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
2020	$316,646	$248,486	$871,863	$68,160
2019	$305,098	$293,852	$770,514	$11,246

GLENDALE FIREFIGHTERS ASSOCIATION INC