TOWER FIREMENS RELIEF ASSOCIATION (EIN 411619085) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1943

Legal Domicile

Principal Officer

STEVEN OLSON

Phone

2187534070

Tax Period

2024-01-01 to 2024-12-31

TOWER FIREMENS RELIEF ASSOCIATION, founded in 1943, is a micro nonprofit that reported $5K in total revenue in fiscal year 2024. Revenue fell 56% from the prior year — a significant decline worth monitoring.

Mission

To administer a defined benefit pension plan covering 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $5,032

TOTAL REVENUE $5,032

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $0

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,032	$11,463	-0.6%
Expenses	N/A	$320	-1.0%
Net Income	N/A	$11,143	N/A

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

Governance

Voting Members

Independent Members

Employees

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

$45,747

Total Directors

$45,747

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JESSE HINKEL	Treasurer	1.00	Officer Director	$29,449	$0	$29,449
SHAWN GAWBOY	ASST GAMBL MGR	1.00	Officer Director	$8,244	$0	$8,244
PAIGE OLSON	FIRE CHIEF & GM	1.00	Officer Director	$5,594	$0	$5,594
STEVEN OLSON	President	1.00	Officer Director	$1,500	$0	$1,500
RANDALL JOHNSON	FMR TREASURER	1.00	Officer Director	$960	$0	$960
TERRI JOKI-MARTIN	SECRETARY	1.00	Officer Director	$0	$0	$0
JORDAN PURKAT	Vice President	1.00	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
2024	$5,032	No data	$26,433	No data
2023	$11,463	$320	$21,476	$11,143
2022	$-3,997	No data	$10,333	No data
2021	$10,613	$315	$14,330	$10,298
2020	$-3,889	$8,785	$4,032	$-12,674

TOWER FIREMENS RELIEF ASSOCIATION