THE NEVIS VOLUNTEER FIREPERSON'S RELIEF ASSOCIATION

EIN: 411549299

NEVIS, MN

Total Revenue
$226,169
Total Expenses
$21,500
Total Assets
$818,425
Net Assets
$806,783
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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
1976
Legal Domicile
MN
Principal Officer
EMILY MATHISRUDE
Phone
2182551051
Tax Period
2024-01-01 to 2024-12-31

THE NEVIS VOLUNTEER FIREPERSON'S RELIEF ASSOCIATION, founded in 1976, is a small nonprofit that reported $226K in total revenue in fiscal year 2024. Revenue surged 178% from the prior year, signaling strong growth momentum. The organization ran a surplus of $205K, a strong 90% operating margin.

Mission

FIREFIGHTER SUPPORT AND PENSION BENEFITS.

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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 $195,218
Program Service Revenue $0
Investment Income $226
Other Revenue $30,725
TOTAL REVENUE $226,169

Expense Breakdown

Grants Paid $15,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $16,619
Other Expenses $6,500
TOTAL EXPENSES $21,500

Year-over-Year Comparison

2024 2023 Change
Revenue $226,169 $81,402 +1.8%
Expenses $21,500 $8,497 +1.5%
Net Income $204,669 $72,905 +1.8%
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
4
Independent Members
4
Employees
8
Volunteers
18

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
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EMILY MATHISRUDE PRESIDENT 1.00
Officer Director
$0 $0 $0
TREVOR NICKLASON SECRETARY 1.00
Officer Director
$0 $0 $0
ADAM GOOCHEY TREASURER 1.00
Officer Director
$0 $0 $0
TROY HOERNEMANN 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 $226,169 $21,500 $818,425 $204,669
2023 $81,402 $8,497 $235,339 $72,905
2022 $31,961 $18,371 $565,475 $13,590
2021 $94,634 $35,539 $593,374 $59,095
2020 $28,524 $7,862 $474,609 $20,662
2019 $29,017 $1,771 $442,868 $27,246
2018 $30,846 $1,678 $397,712 $29,168
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