NEW BLOOMFIELD FIRE CO INC (EIN 813394287) - 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

1932

Legal Domicile

Principal Officer

JUSTIN KRETZING

Phone

7175822144

Tax Period

2024-01-01 to 2024-12-31

NEW BLOOMFIELD FIRE CO INC, founded in 1932, is a community nonprofit in the Public Safety sector that reported $1.2M in total revenue in fiscal year 2024. Revenue surged 57% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE VOLUNTEER FIREFIGHTING, EMERGENCY RESCUES AND OTHER EMERGENCY RELATED RESPONSES FOR OUR COMMUNITY. PROVIDE FIRE PREVENTION AND OTHER SAFETY RELATED PROGRAMS.

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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 $949,819

Program Service Revenue $155,398

Investment Income $53,772

Other Revenue $61,930

TOTAL REVENUE $1,220,919

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $198,387

Program Expenses $1,071,283

Other Expenses $1,284,373

TOTAL EXPENSES $1,284,373

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,220,919	$777,630	+0.6%
Expenses	$1,284,373	$667,975	+0.9%
Net Income	$-63,454	$109,655	-1.6%

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

350

Independent Members

350

Employees

N/A

Volunteers

100

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
JUSTIN KRETZING	PRESIDENT	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	$1,220,919	$1,284,373	$2,288,704	$-63,454
2023	$777,630	$667,975	$2,352,158	$109,655
2022	$840,321	$864,148	$2,242,503	$-23,827
2021	$664,235	$258,876	$2,266,330	$405,359
2020	$528,654	$825,632	$1,860,971	$-296,978
2019	$694,015	$243,474	$2,157,949	$450,541
2018	$357,793	$192,153	$1,707,408	$165,640

NEW BLOOMFIELD FIRE CO INC