FLEET RESERVE ASSOCIATION (EIN 530067600) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1924

Legal Domicile

Principal Officer

PHILLIP REID

Phone

7036831400

Tax Period

2022-01-01 to 2022-12-31

FLEET RESERVE ASSOCIATION, founded in 1924, is a community nonprofit in the Public & Societal Benefit sector that reported $2.1M in total revenue in fiscal year 2020. Revenue decreased 6% compared to the prior year. Expenses of $3.0M exceeded revenue, resulting in a 43% operating deficit.

Mission

SEE PART III, LINE 1.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $563,820

Program Service Revenue $834,037

Investment Income $107,376

Other Revenue $831,306

TOTAL REVENUE $2,336,539

Expense Breakdown

Grants Paid $3,162

Salaries & Benefits $1,605,445

Fundraising Expenses $0

Other Expenses $1,335,169

TOTAL EXPENSES $2,943,776

Year-over-Year Comparison

	2022	2021	Change
Revenue	$2,336,539	$3,173,307	-0.3%
Expenses	$2,943,776	$3,109,285	-0.1%
Net Income	$-607,237	$64,022	-10.5%

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

Volunteers

110

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

$237,333

Total Directors

$122,414

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER J SLAWINSKI	NATIONAL EXEC DIRECTOR	40.00	Officer Director	$112,023	$10,391	$122,414
JAMES W CAMPBELL	NATIONAL PRESIDENT	4.00	Officer Director	$0	$0	$0
JAMES E ROBBINS JR	NATIONAL VICE PRESIDENT	4.00	Officer Director	$0	$0	$0
ROBERT G BEESE	PARLIAMENTARIAN	4.00	Director	$0	$0	$0
SAM LYMON	CHAPLAIN	4.00	Director	$0	$0	$0
MICHAEL FULTON	JR PAST NATL PRESIDENT	4.00	Director	$0	$0	$0
NEIL I ROSS	REGL PRES NE/NEW ENG	4.00	Director	$0	$0	$0
CHRISTOPHER J MURRY	REGL PRES EAST COAST	4.00	Director	$0	$0	$0
JACK M FOGEL	REGL PRES SOUTHEAST	4.00	Director	$0	$0	$0
MARIA A BEHM	REGL PRES NORTH CENTRAL	4.00	Director	$0	$0	$0
C URSULA GRUETZNER	REGL PRES SOUTH CENTRAL	4.00	Director	$0	$0	$0
ROGELIO A BACUD	REGL PRES SOUTHWEST	4.00	Director	$0	$0	$0
WILLIAM L HANZEL	REGL PRES WEST COAST	4.00	Director	$0	$0	$0
MICHELLE DAVIS	REGL PRES NORTHWEST	4.00	Director	$0	$0	$0
PHILLIP REID	FINANCE OFFICER	40.00	Officer	$105,111	$9,808	$114,919
JOHN R DAVIS	DIR, LEGISLATIVE PROGRAMS	40.00	Highest	$104,007	$9,583	$113,590

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
2022	$2,336,539	$2,943,776	$3,748,806	$-607,237
2021	$3,173,307	$3,109,285	$5,138,696	$64,022
2020	$2,083,726	$2,976,243	$4,534,343	$-892,517

FLEET RESERVE ASSOCIATION