WABASHA FIRE DEPARTMENT RELIEF ASSOCIATION (EIN 416031643) - Form 990 Financial Analysis & Trantor Score

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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

1956

Legal Domicile

Phone

6515653451

Tax Period

2024-01-01 to 2024-12-31

WABASHA FIRE DEPARTMENT RELIEF ASSOCIATION, founded in 1956, is a small nonprofit that reported $447K in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. The organization ran a surplus of $133K, a strong 30% operating margin.

Mission

A VOLUNTEER FIRE DEPARTMENT FOR THE CITY OF WABASHA THAT ALSO PROVIDES SUPPORT FOR THE SURROUNDING COMMUNITIES.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $39,148

Program Service Revenue $0

Investment Income $97,919

Other Revenue $309,444

TOTAL REVENUE $446,511

Expense Breakdown

Grants Paid $0

Salaries & Benefits $61,979

Fundraising Expenses $0

Program Expenses $313,727

Other Expenses $251,748

TOTAL EXPENSES $313,727

Year-over-Year Comparison

	2024	2023	Change
Revenue	$446,511	$495,181	-0.1%
Expenses	$313,727	$376,638	-0.2%
Net Income	$132,784	$118,543	+0.1%

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

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

$2,700

Total Directors

$51,656

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
MANOLO DE ANGEL	TRUSTEE	Director	$25,828	$0	$25,828
JEREMY BINNER	TRUSTEE	Director	$25,828	$0	$25,828
CHRIS DAY	PRESIDENT	Officer	$1,200	$0	$1,200
COREY LEWANDOWSKI	TREASURER	Officer	$900	$0	$900
SHAWN WRISTEN	SECRETARY	Officer	$600	$0	$600
DYLAN HARTERT	TRUSTEE	Director	$0	$0	$0
PAUL KRUGER	TRUSTEE	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	$446,511	$313,727	$954,101	$132,784
2023	$495,181	$376,638	$822,852	$118,543
2022	$239,624	$308,848	$703,660	$-69,224
2021	$154,870	$25,753	$747,252	$129,117
2020	$150,517	$77,017	$618,135	$73,500

WABASHA FIRE DEPARTMENT RELIEF ASSOCIATION