HAWLEY FIREMEN'S RELIEF ASSOCIATION

EIN: 411480154

HAWLEY, MN

Total Revenue
$46,467
Total Expenses
$32,280
Total Assets
$947,951
Net Assets
$945,627
🔒

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

Formation Year
1938
Legal Domicile
MN
Principal Officer
AARON SCHENCK
Tax Period
2024-01-01 to 2024-12-31

HAWLEY FIREMEN'S RELIEF ASSOCIATION, founded in 1938, is a micro nonprofit that reported $46K in total revenue in fiscal year 2024. Revenue fell 70% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $14K, a strong 31% operating margin.

Mission

RETIREMENT PENSION FUND FOR FIREMEN AND CHARITABLE GAMBLING TO BETTER SERVE THE COMMUNITY

Program Service Accomplishments

Program 1
Expenses: $32,280

STATE FIRE AID IS INVESTED TO PROVIDE BENEFITS FOR RETIRING FIRE FIGHTERS. EDUCATION AND SOCIAL EVENTS AND SUPPLIES FOR FIREFIGHTERS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $70,376
Program Service Revenue $0
Investment Income $5,394
Other Revenue $-29,303
TOTAL REVENUE $46,467

Expense Breakdown

Grants Paid $16,000
Salaries & Benefits $1,198
Fundraising Expenses $0
Program Expenses $32,280
Other Expenses $15,082
TOTAL EXPENSES $32,280

Year-over-Year Comparison

2024 2023 Change
Revenue $46,467 $155,496 -0.7%
Expenses $32,280 $63,990 -0.5%
Net Income $14,187 $91,506 -0.8%
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
6
Independent Members
3
Employees
13
Volunteers
17

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
3
$9,698
Total Directors
6
$9,698
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AARON SCHENCK PRESIDENT 001.00
Officer Director
$8,500 $0 $8,500
SHAWN MCPHERSON SECRETARY 001.00
Officer Director
$599 $0 $599
TODD HANSON TREASURER 001.00
Officer Director
$599 $0 $599
DARREN SCHENCK TRUSTEE 000.50
Director
$0 $0 $0
JEFF CORNELLIUSSEN TRUSTEE 000.50
Director
$0 $0 $0
SHAWN NELSON TRUSTEE 000.50
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 $46,467 $32,280 $947,951 $14,187
2023 $155,496 $63,990 $828,956 $91,506
2022 $-27,926 $129,215 $736,408 $-157,141
2021 $158,315 $8,305 $893,477 $150,010
2020 $37,970 $45,086 $743,814 $-7,116
2019 $134,000 $20,701 $706,368 $113,299
2018 $107,157 $112,533 $529,322 $-5,376
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HAWLEY FIREMEN'S RELIEF ASSOCIATION with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.