INTERNATIONAL ASSOCIATION OF FIRE … - 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

1918

Legal Domicile

Principal Officer

ANDREW SCHULTZ

Phone

8598143437

Tax Period

2024-01-01 to 2024-12-31

INTERNATIONAL ASSOCIATION OF FIRE FIGHTERS, founded in 1918, is a small nonprofit that reported $156K in total revenue in fiscal year 2024. Expenses of $134K left a modest 14% surplus.

Mission

THE BETTERMENT OF CONDITIONS FOR FIREFIGHERS. THE IMPROVEMENT OF THE GRADE OF THEIR EQUIPMENT AND THE DEVELOPMENT OF A HIGHER DEGREE OF EFFICIENCY IN THEIR OCCUPATIONS. SERVICES PROVIDE DTO APPROXIMATELY 110 MEMBERS.

Program Service Accomplishments

Program 1

Expenses: $87,078 Revenue: $155,002

THE BETTERMENT OF CONDITIONS FOR FIREFIGHERS. THE IMPROVEMENT OF THE GRADE OF THEIR EQUIPMENT AND THE DEVELOPMENT OF A HIGHER DEGREE OF EFFICIENCY IN THEIR OCCUPATIONS.

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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 $0

Program Service Revenue $155,002

Investment Income $33

Other Revenue $824

TOTAL REVENUE $155,859

Expense Breakdown

Grants Paid $0

Salaries & Benefits $26,767

Fundraising Expenses $0

Program Expenses $99,423

Other Expenses $106,976

TOTAL EXPENSES $133,743

Year-over-Year Comparison

	2024	2023	Change
Revenue	$155,859	$161,241	0.0%
Expenses	$133,743	$151,658	-0.1%
Net Income	$22,116	$9,583	+1.3%

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

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

$24,689

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BENJAMIN WASSON	PRESIDENT	20.00	Officer	$10,395	$0	$10,395
ANDREW SCHULTZ	SECRETARY/TR	20.00	Officer	$9,096	$0	$9,096
JEFFREY BRINKMAN	VICE PRESIDE	20.00	Officer	$5,198	$0	$5,198
MICHAEL C DAVIS	PRIOR VICE P	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	$155,859	$133,743	$111,906	$22,116
2023	$161,241	$151,658	$86,735	$9,583
2022	$146,990	$155,086	$77,935	$-8,096
2021	$162,682	$140,051	$84,866	$22,631
2020	$152,717	$126,673	$62,211	$26,044
2019	$150,610	$133,856	$36,298	$16,754
2018	$142,117	$177,391	$29,004	$-35,274

INTERNATIONAL ASSOCIATION OF FIRE FIGHTERS