LOS ANGELES FIRE DEPARTMENT HISTOR… - Form 990 Financial Data

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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

1960

Legal Domicile

Principal Officer

JAMES FINN

Phone

3234642727

Tax Period

2024-07-01 to 2025-06-30

LOS ANGELES FIRE DEPARTMENT HISTORICAL SOCIETY, founded in 1960, is a small nonprofit in the Arts, Culture & Humanities sector that reported $261K in total revenue in fiscal year 2024. Revenue surged 437% from the prior year, signaling strong growth momentum. The organization ran a surplus of $62K, a strong 24% operating margin.

Mission

THE FOUNDATION MAINTAINS THE LOS ANGELES FIRE DEPARTMENT HISTORICAL SOCIETY MUSEUM AND EDUCATES THE GENERAL PUBLIC ON THE HISTORY OF THE LA FIRE DEPARTMENT.

Program Service Accomplishments

Program 1

Expenses: $196,101

THE LOS ANGELES FIRE DEPARTMENT AND HISTORICAL SOCIETY MAINTAINS A MUSEUM WHICH EDUCATES THE PUBLIC ON THE HISTORY OF THE LAFD. THEY ALSO EDUCATE THE PUBLIC, ESPECIALLY CHILDREN ON FIRE SAFETY.

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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 $232,575

Program Service Revenue $0

Investment Income $4,815

Other Revenue $24,104

TOTAL REVENUE $261,494

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,600

Fundraising Expenses $0

Program Expenses $196,101

Other Expenses $197,729

TOTAL EXPENSES $199,329

Year-over-Year Comparison

	2024	2023	Change
Revenue	$261,494	$48,730	+4.4%
Expenses	$199,329	$227,747	-0.1%
Net Income	$62,165	$-179,017	-1.3%

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

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

$1,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID COX	DIRECTOR	3.00	Director	$0	$0	$0
DAVID STEINITZ	DIRECTOR	3.00	Director	$0	$0	$0
DONALD P NASH II	DIRECTOR	3.00	Director	$0	$0	$0
TONY ZAR	DIRECTOR	3.00	Director	$0	$0	$0
BOB REBBE	DIRECTOR	3.00	Director	$0	$0	$0
SACHIKI USUI	DIRECTOR	3.00	Director	$1,600	$0	$1,600
JAMES FINN	PRESIDENT	5.00	Officer	$0	$0	$0
DONALD DODD	VICE PRESIDENT	5.00	Officer	$0	$0	$0
THOMAS MORAN	SECRETARY	5.00	Officer	$0	$0	$0
TIMOTHY KENNOY	TREASURER	5.00	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
2025	$261,494	$199,329	$1,976,219	$62,165
2024	$48,730	$227,747	$1,914,054	$-179,017
2023	$212,556	$186,521	$2,093,071	$26,035
2022	$120,850	$206,877	$2,067,036	$-86,027
2021	$67,924	$177,026	$2,153,063	$-109,102
2020	$173,599	$180,246	$2,262,165	$-6,647
2019	$162,897	$166,000	$2,268,812	$-3,103
2018	$173,483	$178,095	$2,271,915	$-4,612

LOS ANGELES FIRE DEPARTMENT HISTORICAL SOCIETY