PALISADE FIRE DEPARTMENT RELIEF ASSOCIATION

EIN: 411359655 501(c)(3) Public Safety

PALISADE, MN

Total Revenue
$30,133
Total Expenses
$225
Total Assets
$195,790
Net Assets
$182,048
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Principal Officer
CLINT DEMENGE
Phone
2188452051
Tax Period
2023-01-01 to 2023-12-31

PALISADE FIRE DEPARTMENT RELIEF ASSOCIATION is a micro nonprofit in the Public Safety sector that reported $30K in total revenue in fiscal year 2023. Revenue fell 66% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $30K, a strong 99% operating margin.

Mission

TO PROVIDE PENSION, DEATH, AND DISABILITY BENEFITS TO MEMBERS OF THE ASSOCIATION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $930
Program Service Revenue $0
Investment Income $0
Other Revenue $29,203
TOTAL REVENUE $30,133

Expense Breakdown

Grants Paid $200
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $200
Other Expenses $25
TOTAL EXPENSES $225

Year-over-Year Comparison

2023 2022 Change
Revenue $30,133 $88,843 -0.7%
Expenses $225 $14,535 -1.0%
Net Income $29,908 $74,308 -0.6%
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

Sign In

Governance

Voting Members
7
Independent Members
7
Employees
3
Volunteers
25

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
5
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CLINT DEMENGE PRESIDENT 1.00
Officer Director
$0 $0 $0
CURT CARLSON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
JIM HICKS TREASURER 1.00
Officer Director
$0 $0 $0
BOB KIEHM SECRETARY 1.00
Officer Director
$0 $0 $0
ERIC HOWELL TRUSTEE 1.00
Director
$0 $0 $0
KENT OLESEN TRUSTEE 1.00
Director
$0 $0 $0
JERE GRUHLKE GAMBLING CEO 1.00
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
2024 No data No data No data No data
2023 $30,133 $225 $195,790 $29,908
2022 $88,843 $14,535 $163,189 $74,308
2021 $29,071 $12,454 $82,680 $16,617
2020 $9,922 $11,782 $61,215 $-1,860
2019 $-14,553 $1,701 $69,026 $-16,254
2018 $8,027 $3,851 $86,668 $4,176
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PALISADE FIRE DEPARTMENT RELIEF ASSOCIATION with other nonprofits in Minnesota and across the country.