HECTOR VOLUNTEER FIRE DEPARTMENT RELIEF ASSOCIATION (EIN 411683436) - 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

1951

Legal Domicile

Principal Officer

DOUG BEST

Phone

3208486676

Tax Period

2023-01-01 to 2023-12-31

HECTOR VOLUNTEER FIRE DEPARTMENT RELIEF ASSOCIATION, founded in 1951, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $126K in total revenue in fiscal year 2023. Revenue surged 114% from the prior year, signaling strong growth momentum. Expenses of $120K left a modest 5% surplus.

Mission

TO PROVIDE SERVICE PENSIONS TO VOLUNTEER FIREMEN.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $35,088

Program Service Revenue $17,833

Investment Income $0

Other Revenue $73,240

TOTAL REVENUE $126,161

Expense Breakdown

Grants Paid $0

Salaries & Benefits $3,900

Fundraising Expenses $76,813

Program Expenses $42,001

Other Expenses $85,036

TOTAL EXPENSES $119,882

Year-over-Year Comparison

	2023	2022	Change
Revenue	$126,161	$58,983	+1.1%
Expenses	$119,882	$19,644	+5.1%
Net Income	$6,279	$39,339	-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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

$3,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVE WILKINSON	CEO/TRUSTEE	5.00	Director	$2,000	$0	$2,000
ANDREW WEGSCHEID	GAMBLING MAN	2.00	Director	$1,500	$0	$1,500
MICHAEL OVITT	ASSISTANT	2.00	Director	$400	$0	$400
TREVOR ALBRECHT	TRUSTEE	2.00	Director	$0	$0	$0
COREY DANIELSON	TRUSTEE	2.00	Director	$0	$0	$0
DAN EDWARDS	MAYOR	2.00	Director	$0	$0	$0
AMY KLAWITTER	DEPUTY CITY	2.00	Director	$0	$0	$0
RYAN KRAMER	FIRE CHIEF	2.00	Director	$0	$0	$0
DOUG BEST	PRESIDENT	2.00	Officer	$0	$0	$0
TAYLOR BRODERIUS	SECRETARY	2.00	Officer	$0	$0	$0
SETH PIERCE	VICE PRESIDE	2.00	Officer	$0	$0	$0
ZACHARY PIERCE	TREASURER	2.00	Officer	$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	No data	No data	No data	No data
2023	$126,161	$119,882	$1,452,371	$6,279
2022	$58,983	$19,644	$1,243,955	$39,339
2021	$56,480	$12,292	$1,423,697	$44,188
2020	$26,450	$63,706	$1,210,043	$-37,256
2019	$41,395	$14,732	$1,075,504	$26,663
2018	$38,926	$18,955	$874,562	$19,971

HECTOR VOLUNTEER FIRE DEPARTMENT RELIEF ASSOCIATION