LAKE TOWNSHIP COMMUNITY AND FIREFIGHTERS ASSCOCIATION

EIN: 873857826 501(c)(3)

MILLBURY, OH

Total Revenue
$13,414
Total Expenses
N/A
Total Assets
$165,935
Net Assets
$93,115
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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
2023
Legal Domicile
OH
Principal Officer
RICHARD AMMERMAN
Phone
4193923510
Tax Period
2024-01-01 to 2024-12-31

LAKE TOWNSHIP COMMUNITY AND FIREFIGHTERS ASSCOCIATION, founded in 2023, is a micro nonprofit that reported $13K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE SERVICES TO THE VILLAGE OF MILLBURY RESIDENTS BY PROVIDING LOW COST PUBLIC RENTALS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $13,414
TOTAL REVENUE $13,414

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue $13,414 $12,401 +0.1%
Expenses N/A $32,470 -1.0%
Net Income N/A $-20,069 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

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
5

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD AMMERMAN PRESIDENT N/A
Director
$0 $0 $0
JOE MUSIL VICE PRESIDENT N/A
Director
$0 $0 $0
TIM CLAPSADDLE TRUSTEE N/A
Director
$0 $0 $0
GEORGE JONES TRUSTEE N/A
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
2024 $13,414 No data $165,935 No data
2023 $12,401 $32,470 $152,521 $-20,069
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