Lindstrom Volunteer Firemen's Relief Association

EIN: 411732714 501(c)(3) Public Safety

Lindstrom, MN

Total Revenue
$603,864
Total Expenses
$188,168
Total Assets
$123,406
Net Assets
$123,406
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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
1965
Legal Domicile
MN
Principal Officer
Ryan Peterson
Phone
6519551929
Tax Period
2024-01-01 to 2024-12-31

Lindstrom Volunteer Firemen's Relief Association, founded in 1965, is a small nonprofit in the Public Safety sector that reported $604K in total revenue in fiscal year 2024. Revenue surged 171% from the prior year, signaling strong growth momentum. The organization ran a surplus of $416K, a strong 69% operating margin.

Mission

To provide retirement benefits to volunteer firefighters.

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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 $76,191
Program Service Revenue $0
Investment Income $362,953
Other Revenue $164,720
TOTAL REVENUE $603,864

Expense Breakdown

Grants Paid $133,558
Salaries & Benefits $800
Fundraising Expenses $0
Program Expenses $153,362
Other Expenses $41,306
TOTAL EXPENSES $188,168

Year-over-Year Comparison

2024 2023 Change
Revenue $603,864 $222,499 +1.7%
Expenses $188,168 $157,697 +0.2%
Net Income $415,696 $64,802 +5.4%
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
9
Independent Members
7
Employees
5
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
4
$800
Total Directors
9
$800
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ryan Peterson President 1.00
Officer Director
$0 $0 $0
Daniel Rogers Vice President 1.00
Officer Director
$0 $0 $0
David Peck Secretary 2.00
Officer Director
$500 $0 $500
Steven Wagner Treasurer 2.00
Officer Director
$300 $0 $300
Brandon Kelley Trustee 1.00
Director
$0 $0 $0
Tyler Perry Trustee 1.00
Director
$0 $0 $0
Judy Chartland Municipal Trustee 1.00
Director
$0 $0 $0
Daniel Undem Municipal Trustee 1.00
Director
$0 $0 $0
Scott Sellman Municipal 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 $603,864 $188,168 $123,406 $415,696
2023 $222,499 $157,697 $1,253,106 $64,802
2022 $262,485 $143,766 $1,078,468 $118,719
2021 $285,042 $285,367 $1,162,888 $-325
2020 $183,904 $157,956 $1,090,612 $25,948
2019 $95,823 $80,639 $998,021 $15,184
2018 $76,530 $77,582 $877,317 $-1,052
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