Deer River Volunteer Firemen's Relief Association (EIN 416037146) - 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

1945

Legal Domicile

Principal Officer

Brandon Berndt

Phone

2183982328

Tax Period

2023-01-01 to 2023-12-31

Deer River Volunteer Firemen's Relief Association, founded in 1945, is a small nonprofit in the Unknown sector that reported $124K in total revenue in fiscal year 2023. Revenue surged 165% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51K, a strong 41% operating margin.

Mission

To provide retirement relief and assist the City of Deer River To provide retirement relief and other benefits to its members. It is a governmental entity that receives and manages money to provide retirement benefits for individuals

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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 $170

Program Service Revenue $78,380

Investment Income $27,659

Other Revenue $17,877

TOTAL REVENUE $124,086

Expense Breakdown

Grants Paid $0

Salaries & Benefits $42,248

Fundraising Expenses $0

Program Expenses $64,105

Other Expenses $31,337

TOTAL EXPENSES $73,585

Year-over-Year Comparison

	2023	2022	Change
Revenue	$124,086	$46,867	+1.6%
Expenses	$73,585	$17,900	+3.1%
Net Income	$50,501	$28,967	+0.7%

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

N/A

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

$1,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Kevin Baumgarner	President	2.00	Officer	$300	$0	$300
Josh Tyler	Vice President	2.00	Officer	$0	$0	$0
Brandon Berndt	Treasurer	2.00	Officer	$500	$0	$500
Jess Huju	Secretary	2.00	Officer	$200	$0	$200
James French	Trustee	2.00	Director	$0	$0	$0
Andrew Anttila	Trustee	2.00	Director	$0	$0	$0
Steve Geving	Trustee	2.00	Director	$0	$0	$0
Mark Box	Trustee	2.00	Director	$0	$0	$0
Jordon Osse	Trustee	2.00	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	No data	No data	No data	No data
2023	$124,086	$73,585	$713,149	$50,501
2022	$46,867	$17,900	$607,945	$28,967
2021	$110,823	$38,405	$626,928	$72,418
2020	$59,587	$189,296	$534,927	$-129,709
2019	$108,012	$37,530	$683,390	$70,482
2018	$58,704	$15,437	$578,569	$43,267

Deer River Volunteer Firemen's Relief Association