MIAMI FIREFIGHTERS RELIEF FUND INC (EIN 591085099) - 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

1962

Legal Domicile

Principal Officer

ALEX MARTINEZ

Phone

7542240905

Tax Period

2024-01-01 to 2024-12-31

MIAMI FIREFIGHTERS RELIEF FUND INC, founded in 1962, is a small nonprofit in the Public Safety sector that reported $158K in total revenue in fiscal year 2024. Revenue surged 129% from the prior year, signaling strong growth momentum. The organization ran a surplus of $69K, a strong 43% operating margin.

Mission

THE ORGANIZATIONS PURPOSE IS TO PROVIDE BENEFITS FOR SICK AND INJURED MEMBERS WHO ARE PREVENTED FROM WORKING. ADDITIONALLY THE ORGANIZATION PROVIDES DEATH BENEFITS FOR FAMILY MEMBERS OR ESTATE OF DECEASED MEMBER

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $77,324

Program Service Revenue $0

Investment Income $80,713

Other Revenue $0

TOTAL REVENUE $158,037

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $34,098

TOTAL EXPENSES $89,419

Year-over-Year Comparison

	2024	2023	Change
Revenue	$158,037	$68,913	+1.3%
Expenses	$89,419	$97,527	-0.1%
Net Income	$68,618	$-28,614	-3.4%

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

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
ALEX MARTINEZ	PRESIDENT	20.00	Officer	$0	$0	$0
JAMES HARRISON	SECRETARY TREASURER	20.00	Officer	$0	$0	$0
STEVE LORA	TRUSTEE	N/A	Officer	$0	$0	$0
THOMAS PARKER	TRUSTEE	N/A	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	$158,037	$89,419	$2,396,046	$68,618
2023	$158,037	$89,419	$2,496,660	$68,618
2022	$68,913	$97,527	$2,327,428	$-28,614

MIAMI FIREFIGHTERS RELIEF FUND INC