Fridley Volunteer Firefighters Relief Association (EIN 416039890) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1951

Legal Domicile

Principal Officer

Dean Knowles

Phone

7632486151

Tax Period

2024-01-01 to 2024-12-31

Fridley Volunteer Firefighters Relief Association, founded in 1951, is a small nonprofit in the Public Safety sector that reported $980K in total revenue in fiscal year 2024. Revenue surged 160% from the prior year, signaling strong growth momentum. The organization ran a surplus of $851K, a strong 87% operating margin.

Mission

To provide retirement benefits to volunteer firefighters.

🔒

Trantor Score

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $268,119

Program Service Revenue $0

Investment Income $711,980

Other Revenue $115

TOTAL REVENUE $980,214

Expense Breakdown

Grants Paid $600

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $82,323

Other Expenses $53,900

TOTAL EXPENSES $129,120

Year-over-Year Comparison

	2024	2023	Change
Revenue	$980,214	$377,478	+1.6%
Expenses	$129,120	$85,598	+0.5%
Net Income	$851,094	$291,880	+1.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Dean Knowles	President	2.00	Officer Director	$0	$0	$0
Eric Arvidson	Vice President	1.00	Officer Director	$0	$0	$0
Thaddeus Jude	Secretary	1.00	Officer Director	$0	$0	$0
Jeffrey Pribyl	Treasurer	1.00	Officer Director	$0	$0	$0
Corey McKusick	Trustee	1.00	Director	$0	$0	$0
Jeremy Grandstrand	Trustee	1.00	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	$980,214	$129,120	$17,596	$851,094
2023	$377,478	$85,598	$3,780,508	$291,880
2022	$511,088	$302,930	$3,233,807	$208,158
2021	$314,180	$431,391	$3,782,412	$-117,211
2020	$265,727	$70,927	$3,632,198	$194,800
2019	$258,739	$368,874	$3,135,363	$-110,135
2018	$263,871	$420,701	$2,895,701	$-156,830

Fridley Volunteer Firefighters Relief Association