OAK FOREST FIREFIGHTERS UNION LOCAL 3039 POST EMPL HEALTH PLAN C/O BABBITT MUNI (EIN 900515092) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2008

Legal Domicile

Principal Officer

JOEL BABBITT

Phone

7734272064

Tax Period

2023-01-01 to 2023-12-31

OAK FOREST FIREFIGHTRS UNION LOCAL 3039 POST EMPL HEALTH PLAN C/O BABBITT MUNI, founded in 2008, is a micro nonprofit in the Mutual Benefit sector that reported $20K in total revenue in fiscal year 2018. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $35K exceeded revenue, resulting in a 77% operating deficit.

Mission

POST EMPLOYMENT HEALTHCARE FUNDING PLAN

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $18,459

Investment Income $4,089

Other Revenue $35,894

TOTAL REVENUE $58,442

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $28,941

Other Expenses $1,891

TOTAL EXPENSES $28,941

Year-over-Year Comparison

	2023	2022	Change
Revenue	$58,442	$7,017	+7.3%
Expenses	$28,941	$57,231	-0.5%
Net Income	$29,501	$-50,214	-1.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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
CITY OF OAK FOREST BOARD	PRESIDENT	1.00	Director	$0	$0	$0
N/A	INSTITUTIONAL TRUST	0.00		$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	No data	No data	No data	No data
2023	$58,442	$28,941	$324,030	$29,501
2022	$7,017	$57,231	$294,529	$-50,214
2021	$43,931	$47,684	$344,744	$-3,753
2020	$34,795	$37,110	$348,497	$-2,315
2019	$46,697	$11,879	$350,812	$34,818
2018	$19,651	$34,757	$304,650	$-15,106

OAK FOREST FIREFIGHTERS UNION LOCAL 3039 POST EMPL HEALTH PLAN C/O BABBITT MUNI