LOWRY, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)LOWRY VOLUNTEER FIREMENS RELIEF ASSOCIATION, founded in 1998, is a micro nonprofit that reported $74K in total revenue in fiscal year 2024. Revenue surged 181% from the prior year, signaling strong growth momentum. The organization ran a surplus of $61K, a strong 83% operating margin.
THE ORGANIZATIONS PURPOSE IS TO PROVIDE RETIREMENT BENEFITS FOR ITS MEMBER VOLUNTEER FIREFIGHTERS. FUNDS THAT ARE GENERATED THROUGH LAWFUL GAMBLING OPERATIONS ARE ALSO USED TO PURCHASE FIRE EQUIPMENT, TRAINING, COMMUNITY YOUTH PROGRAMS, AND ACTIVITIES.
THESE FUNDS ARE USED TO PROVIDE RETIREMENT BENEFITS TO MEMBERS WHO VOLUNTEER THEIR TIME TO TRAIN AND SERVE AS FIREFIGHTERS IN THEIR OWN TOWN AND SURROUNDING AREAS, AND TO MAINTAIN THE RETIREMENT...
THESE FUNDS ARE USED TO PROVIDE RETIREMENT BENEFITS TO MEMBERS WHO VOLUNTEER THEIR TIME TO TRAIN AND SERVE AS FIREFIGHTERS IN THEIR OWN TOWN AND SURROUNDING AREAS, AND TO MAINTAIN THE RETIREMENT ACCOUNT.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $73,851 | $26,288 | +1.8% |
| Expenses | $12,698 | $3,874 | +2.3% |
| Net Income | $61,153 | $22,414 | +1.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KENNETH WEISEL | TREASURER | 006.00 |
Officer
Director
|
$400 | $0 | $400 |
| MIKE KLOBES | PRESIDENT | 003.00 |
Officer
Director
|
$0 | $0 | $0 |
| KEVIN KLUVER | VICE PRESIDENT | 002.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAYDEN BEACHER | SECRETARY | 002.00 |
Director
|
$0 | $0 | $0 |
| JASON SAFFERT | TRUSTEE | 001.00 |
Director
|
$0 | $0 | $0 |
| SCOTT KJORES | TRUSTEE | 001.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $73,851 | $12,698 | $959,900 | $61,153 |
| 2023 | $26,288 | $3,874 | $777,186 | $22,414 |
| 2022 | $17,813 | $7,369 | $631,688 | $10,444 |
| 2021 | $124,421 | $52,599 | $731,036 | $71,822 |
| 2020 | $95,160 | $2,090 | $657,864 | $93,070 |
| 2020 | $96,510 | $2,090 | $659,214 | $94,420 |
| 2019 | $92,711 | $2,870 | $551,364 | $89,841 |
Compare LOWRY VOLUNTEER FIREMENS RELIEF ASSOCIATION with other nonprofits in Minnesota and across the country.