Savage, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Savage Fire Department Firemen's Relief & Pension Association, founded in 1958, is a small nonprofit that reported $385K in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $838K exceeded revenue, resulting in a 118% operating deficit.
To provide retirement relief and other benefits to its members and dependents.
To collect, invest, account for and distribute pension funds for a specified firefighters group. The Organization has 36 active firefighters and 38 beneficiaries including retirees or widows...
To collect, invest, account for and distribute pension funds for a specified firefighters group. The Organization has 36 active firefighters and 38 beneficiaries including retirees or widows currently receiving or entitled to benefits but not receiving them yet.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $384,713 | $345,146 | +0.1% |
| Expenses | $838,377 | $718,152 | +0.2% |
| Net Income | $-453,664 | $-373,006 | +0.2% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Dan Giles | President | 1.00 |
Officer
Director
|
$1,000 | $0 | $1,000 |
| Aaron Price | Secretary | 1.00 |
Officer
Director
|
$1,000 | $0 | $1,000 |
| Randy Beh | Treasurer | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| Rachel Stern | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeremie Bresnahan | Fire Chief/Ex Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Brad Larson | Administrator/Ex Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Janet Williams | City Mayor/Ex Officio | 1.00 |
Director
|
$0 | $0 | $0 |
| Steve Goebel | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $384,713 | $838,377 | $7,681,580 | $-453,664 |
| 2022 | $345,146 | $718,152 | $7,315,647 | $-373,006 |
| 2021 | $489,221 | $460,911 | $8,939,808 | $28,310 |
| 2020 | $514,637 | $435,764 | $8,022,659 | $78,873 |
| 2019 | $489,603 | $590,863 | $7,239,021 | $-101,260 |
| 2018 | $486,165 | $383,341 | $6,266,434 | $102,824 |
Compare Savage Fire Department Firemen's Relief & Pension Association with other nonprofits in Minnesota and across the country.