BAYPORT FIRE DEPARTMENT RELIEF ASSOCIATI

EIN: 416040359

BAYPORT, MN

Total Revenue
$205,070
Total Expenses
$134,652
Total Assets
$5,005,505
Net Assets
$5,005,505
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1915
Legal Domicile
MN
Principal Officer
RAHMAN VALLEY
Phone
6512754401
Tax Period
2025-01-01 to 2025-12-31

BAYPORT FIRE DEPARTMENT RELIEF ASSOCIATI, founded in 1915, is a small nonprofit that reported $205K in total revenue in fiscal year 2025. Revenue grew 18% year-over-year, indicating healthy expansion. The organization ran a surplus of $70K, a strong 34% operating margin.

Mission

SUPPORTING THE WELFARE OF THE MEMBERS OF THE BAYPORT FIRE DEPARTMENT AND THE COMMUNITY WE SERVE.

Program Service Accomplishments

Program 1
Expenses: $129,836

TO PROVIDE SERVICE PENSIONS AND ANCILLARY BENEFITS TO MEMBERS AND DEPENDENTS OF THE BAYPORT FIRE DEPARTMENT RELIEF ASSOCIATION.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $183,862
Program Service Revenue $0
Investment Income $16,436
Other Revenue $4,772
TOTAL REVENUE $205,070

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,478
Fundraising Expenses $0
Program Expenses $129,836
Other Expenses $18,724
TOTAL EXPENSES $134,652

Year-over-Year Comparison

2025 2024 Change
Revenue $205,070 $173,647 +0.2%
Expenses $134,652 $24,268 +4.5%
Net Income $70,418 $149,379 -0.5%
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

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
N/A
Volunteers
26

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
4
$5,934
Total Directors
9
$6,478
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE GALOWITZ PRESIDENT 1.00
Officer Director
$527 $0 $527
STEVE BUEGE VICE PRESIDENT 0.50
Officer Director
$160 $0 $160
RAHMAN VALLEY TREASURER 2.50
Officer Director
$3,113 $0 $3,113
DUSTIN VINCENT SECRETARY 1.00
Officer Director
$2,134 $0 $2,134
ADAM STAFNE TRUSTEE 0.50
Director
$96 $0 $96
ALLEN EISINGER EX-OFFICIO (FIRE CHIEF) 0.50
Director
$144 $0 $144
MICHELE HANSON EX-OFFICIO (MAYOR) 0.50
Director
$128 $0 $128
MATT KLINE EX-OFFICIO (CITY CLERK) 0.50
Director
$32 $0 $32
CAM GOEPFERD TRUSTEE 0.50
Director
$144 $0 $144
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
2025 $205,070 $134,652 $5,005,505 $70,418
2024 $173,647 $24,268 $4,404,841 $149,379
2023 $162,273 $21,107 $3,763,605 $141,166
2022 $156,914 $38,959 $3,127,783 $117,955
2021 $213,711 $85,017 $3,590,672 $128,694
2020 $382,803 $240,061 $3,063,126 $142,742
2019 $214,121 $80,342 $2,930,809 $133,779
2018 $240,816 $82,653 $2,417,449 $158,163
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare BAYPORT FIRE DEPARTMENT RELIEF ASSOCIATI with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.