BEVERLY SHORES VOLUNTEER FIREMEN I (EIN 832837360) - 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

1954

Legal Domicile

Principal Officer

ANDY HIMAN SR

Phone

5052870059

Tax Period

2024-01-01 to 2024-12-31

BEVERLY SHORES VOLUNTEER FIREMEN I, founded in 1954, is a micro nonprofit in the Public Safety sector that reported $76K in total revenue in fiscal year 2024. Expenses of $97K exceeded revenue, resulting in a 27% operating deficit.

Mission

TO FOSTER, PROMOTE, STIMULATE, AND CARRY OUT FIRE-FIGHTING ACTIVITIES IN THE TOWN OF BEVERLY SHORES, INDIANA, AND WHEREVER ELSE CALLED UPON TO DO SO. TO ATTEMPT TO PERPETUATE THE SPIRIT OF VOLUNTEER FIRE-FIGHTING AMONG THE YOUTH OF THE COMMUNITY TO THE END THAT SUCH EXPOSURE WILL MOVE THEM AT THE APPROPRIATE TIME TO PARTICIPATE AS VOLUNTEER FIREMEN. TO PROMOTE VARIOUS EDUCATIONAL ACTIVITIES IN THE ART OF FIRE EXTINGUISHMENT AND FIRE PREVENTION. TO COOPERATE WITH, AND ASSIST, ALL LAW ENFORCEMENT AGENCIES IN MATTERS OF PUBLIC SAFETY IN FIRE MATTERS.

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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 $6,644

Program Service Revenue $45,200

Investment Income $8

Other Revenue $24,002

TOTAL REVENUE $75,854

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $96,672

Other Expenses $96,672

TOTAL EXPENSES $96,672

Year-over-Year Comparison

	2024	2023	Change
Revenue	$75,854	N/A	N/A
Expenses	$96,672	N/A	N/A
Net Income	$-20,818	N/A	N/A

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

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
JOHN HENNESSEY	DIRECTOR	12.00	Director	$0	$0	$0
STEPHAN HIMAN	DIRECTOR	12.00	Director	$0	$0	$0
STEVEN MEYER	DIRECTOR	12.00	Director	$0	$0	$0
AMBER BROWN	SECRETARY	12.00	Officer	$0	$0	$0
ERIC CAMEL	TREASURER	12.00	Officer	$0	$0	$0
JEREMY HIMAN	CAPTAIN	12.00	Officer	$0	$0	$0
ANDY HIMAN JR	ASSISTANT CH	12.00	Officer	$0	$0	$0
NEAL MULCONREY	LIEUTENANT	12.00	Officer	$0	$0	$0
ANDY HIMAN SR	CHIEF	12.00	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	$75,854	$96,672	$530,658	$-20,818
2023	$69,580	$96,683	$551,476	$-27,103
2022	$192,416	$86,775	$578,579	$105,641
2019	$62,950	$113,796	$501,016	$-50,846

BEVERLY SHORES VOLUNTEER FIREMEN I