BROOTEN FIRE DEPARTMENT RELIEF ASSOCIATION (EIN 416036645) - 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

1929

Legal Domicile

Principal Officer

KERN NELSON

Phone

3203462524

Tax Period

2023-01-01 to 2023-12-31

BROOTEN FIRE DEPARTMENT RELIEF ASSOCIATION, founded in 1929, is a small nonprofit in the Public Safety sector that reported $139K in total revenue in fiscal year 2023. Revenue surged 355% from the prior year, signaling strong growth momentum. The organization ran a surplus of $47K, a strong 34% operating margin.

Mission

FIRE DEPARTMENT RELIEF ASSOCIATION TO PROVIDE PENSION PLANS TO VESTED MEMBERS AND TO EDUCATE THE GENERAL PUBLIC ON FIRE SAFETY & PREVENTION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $20,027

Program Service Revenue $0

Investment Income $35,424

Other Revenue $84,032

TOTAL REVENUE $139,483

Expense Breakdown

Grants Paid $0

Salaries & Benefits $700

Fundraising Expenses $0

Program Expenses $91,086

Other Expenses $91,886

TOTAL EXPENSES $92,586

Year-over-Year Comparison

	2023	2022	Change
Revenue	$139,483	$30,645	+3.6%
Expenses	$92,586	$23,870	+2.9%
Net Income	$46,897	$6,775	+5.9%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JORDAN BARES	TREASURER	1.00	Officer Director	$0	$0	$0
TYLER HANSON	TRUSTEE	1.00	Director	$0	$0	$0
TIM LENT	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
KERN NELSON	PRESIDENT	1.00	Officer Director	$0	$0	$0
JUSTIN VOGEL	TRUSTEE	1.00	Director	$0	$0	$0
LYNN WOLD	SECRETARY	1.00	Officer 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	No data	No data	No data	No data
2023	$139,483	$92,586	$839,957	$46,897
2022	$30,645	$23,870	$794,178	$6,775
2021	$48,332	$68,118	$838,403	$-19,786
2020	$18,617	$11,882	$752,641	$6,735
2019	$59,331	$27,064	$654,262	$32,267
2019	$25,640	$27,064	$607,385	$-1,424

BROOTEN FIRE DEPARTMENT RELIEF ASSOCIATION