SPICER FIRE RELIEF ASSOCIATION

EIN: 411441355

SPICER, MN

Total Revenue
$46,852
Total Expenses
$51,367
Total Assets
$648,989
Net Assets
$16,144
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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
1968
Legal Domicile
MN
Principal Officer
KELLY HAMMERSCHMIDT
Phone
3209053843
Tax Period
2024-01-01 to 2024-12-31

SPICER FIRE RELIEF ASSOCIATION, founded in 1968, is a micro nonprofit that reported $47K in total revenue in fiscal year 2024. Revenue fell 61% from the prior year — a significant decline worth monitoring.

Mission

FIRE DEPARTMENT RELIEF ASSOCIATION

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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 $41,569
Program Service Revenue $0
Investment Income $13,065
Other Revenue $-7,782
TOTAL REVENUE $46,852

Expense Breakdown

Grants Paid $21,519
Salaries & Benefits $2,000
Fundraising Expenses $0
Program Expenses $32,763
Other Expenses $27,848
TOTAL EXPENSES $51,367

Year-over-Year Comparison

2024 2023 Change
Revenue $46,852 $121,202 -0.6%
Expenses $51,367 $70,109 -0.3%
Net Income $-4,515 $51,093 -1.1%
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
9
Independent Members
9
Employees
N/A
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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEN BECKLER EX-OFFICIO 1.00
Director
$0 $0 $0
ROBIN DECATHELINEAU EX-OFFICIO 1.00
Director
$0 $0 $0
KELLY HAMMERSCHMIDT PRESIDENT 1.00
Officer Director
$0 $0 $0
CAMRON HEDMAN TREASURER 1.00
Officer Director
$0 $0 $0
MIKE HOLME EX-OFFICIO 1.00
Director
$0 $0 $0
TRENT JOHNSON VICE PRESIDE 1.00
Officer Director
$0 $0 $0
KORY KLEBE SECRETARY 1.00
Officer Director
$0 $0 $0
CRAIG SHUCK TRUSTEE 1.00
Director
$0 $0 $0
JARED SWENSON TRUSTEE 1.00
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 $46,852 $51,367 $648,989 $-4,515
2023 $121,202 $70,109 $603,999 $51,093
2022 $94,907 $37,676 $529,643 $57,231
2021 $76,099 $78,695 $529,309 $-2,596
2020 $39,862 $77,954 $499,893 $-38,092
2019 $65,616 $54,914 $502,278 $10,702
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