LAKEVILLE, MN
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LAKEVILLE VOLUNTEER FIRE DEPT RELIEF ASSN, founded in 2021, is a community nonprofit that reported $2.7M in total revenue in fiscal year 2024. The organization ran a surplus of $1.8M, a strong 69% operating margin.
THE ORGANIZATION EXIST TO PROVIDE PENSION BENEFITS FOR VOLUNTEER FIREFIGHTERS WHO ARE MEMBERS OF THE LAKEVILLE MUNICIPAL FIRE DEPARTMENT. THE SIGNIFICANT REVENUE SOURCES ARE THROUGHT THE STATE AID FROM THE STATE OF MINNESOTA THE CITY OF LAKEVILLE MINNESOTA AND INVESTMENT EARNINGS.
Pension benefits paid to three retired firefighters in 2024.
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%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,682,579 | $2,664,467 | +0.0% |
| Expenses | $840,380 | $2,854,337 | -0.7% |
| Net Income | $1,842,199 | $-189,870 | -10.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Jesse Nergard | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Julie Stahl | Ex-officio City Finance Director | 0.50 |
Director
|
$0 | $0 | $0 |
| Mike Meyer | Ex-officio City Fire Chief | 0.50 |
Director
|
$0 | $0 | $0 |
| Dan Quam | President | 0.50 |
Director
|
$1,000 | $0 | $1,000 |
| Joshua Lee | Ex-officio City Council Member | 0.50 |
Director
|
$0 | $0 | $0 |
| Brent Fischer | Treasurer | 1.00 |
Director
|
$3,000 | $0 | $3,000 |
| Reid Schulz | Secretary | 1.00 |
Director
|
$3,000 | $0 | $3,000 |
| Cameron Washington | Vice President | 1.00 |
Director
|
$1,000 | $0 | $1,000 |
| Eric Smoot | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,682,579 | $840,380 | $13,463,264 | $1,842,199 |
| 2023 | $2,664,467 | $2,854,337 | $11,619,208 | $-189,870 |
| 2022 | $-1,668,023 | $520,763 | $11,808,888 | $-2,188,786 |
| 2021 | $2,337,183 | $787,514 | $13,997,624 | $1,549,669 |
| 2020 | $2,126,611 | $265,368 | $12,447,705 | $1,861,243 |
Compare LAKEVILLE VOLUNTEER FIRE DEPT RELIEF ASSN with other nonprofits in Minnesota and across the country.