Forest Lake Fire Dept Relief Assn (EIN 416040210) - 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

1945

Legal Domicile

Principal Officer

Nate Moats

Phone

6517569207

Tax Period

2023-01-01 to 2023-12-31

Forest Lake Fire Dept Relief Assn, founded in 1945, is a small nonprofit in the Public Safety sector that reported $420K in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $370K, a strong 88% operating margin.

Mission

To provide administration of 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 (2023)

Revenue Breakdown

Contributions & Grants $231,091

Program Service Revenue $0

Investment Income $164,132

Other Revenue $24,422

TOTAL REVENUE $419,645

Expense Breakdown

Grants Paid $3,000

Salaries & Benefits $3,750

Fundraising Expenses $0

Program Expenses $39,445

Other Expenses $16,336

TOTAL EXPENSES $49,846

Year-over-Year Comparison

	2023	2022	Change
Revenue	$419,645	$366,008	+0.1%
Expenses	$49,846	$75,956	-0.3%
Net Income	$369,799	$290,052	+0.3%

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

$3,750

Total Directors

$3,750

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Nate Moats	President	1.00	Officer Director	$1,500	$0	$1,500
Matt Metty	Vice President	1.00	Officer Director	$0	$0	$0
John Beckman	Secretary	3.00	Officer Director	$1,500	$0	$1,500
Mike Swenson	Treasurer	2.00	Officer Director	$750	$0	$750
Chris Theisen	Trustee	1.00	Director	$0	$0	$0
Nick Acker	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	No data	No data	No data	No data
2023	$419,645	$49,846	$3,907,177	$369,799
2022	$366,008	$75,956	$3,207,506	$290,052
2021	$393,630	$449,919	$3,554,217	$-56,289
2020	$551,364	$112,955	$3,326,547	$438,409
2019	$324,866	$73,247	$2,940,805	$251,619
2018	$338,140	$231,465	$2,296,992	$106,675

Forest Lake Fire Dept Relief Assn