THIRD DIST FIRE CHIEF ASSN MABAS 24

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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

2003

Legal Domicile

Tax Period

2025-01-01 to 2025-12-31

THIRD DIST FIRE CHIEF ASSN MABAS 24, founded in 2003, is a small nonprofit in the Public Safety sector that reported $346K in total revenue in fiscal year 2025. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

SHARING OF RESOURCES IN RESPONSE TO EMERGENCIES AND TO COORDINATE AND PROVIDE TRAINING TO MEMBER AFFILIATES AND THEIR EMPLOYEES

Program Service Accomplishments

Program 1

Expenses: $312,713

SHARING OF RESOURCES IN RESPONSE TO EMERGENCIES, COORDINATE AND PROVIDE TRAINING TO MEMBER AFFILIATES AND THEIR EMPLOYEES

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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 (2025)

Revenue Breakdown

Contributions & Grants $183,349

Program Service Revenue $138,868

Investment Income $8,201

Other Revenue $15,179

TOTAL REVENUE $345,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $312,713

Other Expenses $372,676

TOTAL EXPENSES $372,676

Year-over-Year Comparison

	2025	2024	Change
Revenue	$345,597	$309,617	+0.1%
Expenses	$372,676	$323,507	+0.2%
Net Income	$-27,079	$-13,890	+0.9%

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

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
KEVIN WELSH	PRESIDENT	15.00	Officer Director	$0	$0	$0
GLENN BACHERT	VICE PRESIDENT	15.00	Officer Director	$0	$0	$0
BRIAN KOLOSH	VICE PRESIDENT	15.00	Officer Director	$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
2025	$345,597	$372,676	$805,749	$-27,079
2024	No data	No data	No data	No data
2023	$333,630	$295,434	$906,185	$38,196
2022	$340,682	$347,834	$913,083	$-7,152
2021	$324,805	$287,410	$934,614	$37,395
2020	$340,192	$246,316	$933,830	$93,876
2019	$311,693	$214,114	$696,390	$97,579
2018	$246,866	$172,682	$607,836	$74,184