GAYLORD FIRE DEPARTMENT RELIEF ASSOCIATION

EIN: 411647336 501(c)(3) Public Safety

GAYLORD, MN

Total Revenue
$9,728
Total Expenses
$45,368
Total Assets
$114,695
Net Assets
$113,249
🔒

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
1908
Legal Domicile
MN
Principal Officer
PAUL SCHMIDT
Phone
5073813180
Tax Period
2024-01-01 to 2024-12-31

GAYLORD FIRE DEPARTMENT RELIEF ASSOCIATION, founded in 1908, is a micro nonprofit in the Public Safety sector that reported $10K in total revenue in fiscal year 2024. Revenue fell 63% from the prior year — a significant decline worth monitoring. Expenses of $45K exceeded revenue, resulting in a 366% operating deficit.

Mission

SEE PART I, LINE 1.

Program Service Accomplishments

Program 1

PROVIDED RETIREMENT BENEFITS TO VOLUNTEER FIREFIGHTERS.

Program 2

GRANTS TO THE CITY OF GAYLORD FOR THE BENEFIT OF ALL THE CITIZENS OF THE COMMUNITY. $126,413 GRANTS INCLUDED IN LAWFUL GAMBLING EXPENSES.

Program 3

DONATIONS TO SEVERAL YOUTH PROGRAMS, SCHOLARSHIPS, SCHOOL DISTRICT, DONATIONS IN SUPPORT OF COMMUNITY FIREWORKS, DONATIONS TO VARIOUS NEEDY INDIVIDUALS AND GROUPS. TOTAL PROGRAM EXPENDITURES INCLUDED...

Read more

DONATIONS TO SEVERAL YOUTH PROGRAMS, SCHOLARSHIPS, SCHOOL DISTRICT, DONATIONS IN SUPPORT OF COMMUNITY FIREWORKS, DONATIONS TO VARIOUS NEEDY INDIVIDUALS AND GROUPS. TOTAL PROGRAM EXPENDITURES INCLUDED IN LAWFUL GAMBLING EXPENSES $18,310.

🔒

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 $900
Program Service Revenue $0
Investment Income $3,229
Other Revenue $5,599
TOTAL REVENUE $9,728

Expense Breakdown

Grants Paid $132,213
Salaries & Benefits $4,200
Fundraising Expenses $0
Program Expenses $40,945
Other Expenses $-91,045
TOTAL EXPENSES $45,368

Year-over-Year Comparison

2024 2023 Change
Revenue $9,728 $26,039 -0.6%
Expenses $45,368 $5,720 +6.9%
Net Income $-35,640 $20,319 -2.8%
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
3
Independent Members
3
Employees
3
Volunteers
24

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
$4,200
Total Directors
3
$4,200
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PAUL SCHMIDT PRESIDENT 2.00
Officer Director
$1,400 $0 $1,400
NATE UECKER SECRETARY 2.00
Officer Director
$1,400 $0 $1,400
DEREK HAHN TREASURER 2.00
Officer Director
$1,400 $0 $1,400
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 $9,728 $45,368 $114,695 $-35,640
2023 $26,039 $5,720 $154,246 $20,319
2022 $31,929 $35,330 $131,358 $-3,401
2021 $130,008 $102,607 $821,039 $27,401
2020 $94,988 $52,163 $793,557 $42,825
2019 $119,215 $62,439 $751,284 $56,776
2018 $32,136 $41,685 $692,354 $-9,549
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare GAYLORD FIRE DEPARTMENT 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.