FLEET RESERVE ASSOCIATION BRANCH 289 INC (EIN 956120120) - 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

1951

Legal Domicile

Principal Officer

ROGER KRAMLICH

Phone

6192539701

Tax Period

2024-07-01 to 2025-06-30

FLEET RESERVE ASSOCIATION BRANCH 289 INC, founded in 1951, is a small nonprofit in the Public & Societal Benefit sector that reported $168K in total revenue in fiscal year 2024. The organization ran a surplus of $55K, a strong 33% operating margin.

Mission

TO PROTECT BENEFITS OF VETS AND PROVIDE SOCIAL AND PATRIOTIC PLATFORMS FOR VETS AS WELL AS ACTIVE DUTY MILITARY AND FAMILIES THEREOF

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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 $17,972

Program Service Revenue $0

Investment Income $117,724

Other Revenue $31,981

TOTAL REVENUE $167,677

Expense Breakdown

Grants Paid $850

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $90,031

Other Expenses $111,764

TOTAL EXPENSES $112,614

Year-over-Year Comparison

	2024	2023	Change
Revenue	$167,677	$173,964	0.0%
Expenses	$112,614	$273,210	-0.6%
Net Income	$55,063	$-99,246	-1.6%

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

532

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
CHRIS CHAPMAN	PRESIDENT	015.00	Officer Director	$0	$0	$0
DEL VIVALDO	VICE PRESIDENT	005.00	Officer Director	$0	$0	$0
JOHN QUESNELL	TREASURER	015.00	Officer Director	$0	$0	$0
WILLIAM WEATHERFORD	SECRETARY	015.00	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	$167,677	$112,614	$185,944	$55,063
2024	No data	No data	No data	No data
2023	$246,568	$149,944	$372,208	$96,624
2022	$288,452	$48,036	$287,812	$240,416
2019	$182,773	$54,481	$164,886	$128,292

FLEET RESERVE ASSOCIATION BRANCH 289 INC