St Bonifacius Volunteer Fire Department

EIN: 416041951

St Bonifacius, MN

Total Revenue
$204,867
Total Expenses
$93,822
Total Assets
$1,823,083
Net Assets
$1,823,083
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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
1916
Legal Domicile
MN
Principal Officer
Matt Kleve
Phone
6122011556
Tax Period
2024-01-01 to 2024-12-31

St Bonifacius Volunteer Fire Department, founded in 1916, is a small nonprofit that reported $205K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $111K, a strong 54% operating margin.

Mission

To provide retirement benefits to volunteer firefighters.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $132,336
Program Service Revenue $0
Investment Income $65,612
Other Revenue $6,919
TOTAL REVENUE $204,867

Expense Breakdown

Grants Paid $17,281
Salaries & Benefits $550
Fundraising Expenses $0
Program Expenses $65,672
Other Expenses $37,312
TOTAL EXPENSES $93,822

Year-over-Year Comparison

2024 2023 Change
Revenue $204,867 $162,342 +0.3%
Expenses $93,822 $104,151 -0.1%
Net Income $111,045 $58,191 +0.9%
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

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Governance

Voting Members
6
Independent Members
5
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
$550
Total Directors
6
$550
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jeff Gothmann President 1.00
Officer Director
$0 $0 $0
Jerry Forster Vice President 1.00
Officer Director
$0 $0 $0
Riley Dalbey Secretary 1.00
Officer Director
$0 $0 $0
Matt Kleve Treasurer 3.00
Officer Director
$550 $0 $550
John Rhode Trustee 1.00
Director
$0 $0 $0
Hannah Johnson 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 $204,867 $93,822 $1,823,083 $111,045
2023 $162,342 $104,151 $1,571,359 $58,191
2022 $128,044 $146,198 $1,311,885 $-18,154
2021 $127,087 $299,944 $1,623,150 $-172,857
2020 $114,627 $49,685 $1,624,608 $64,942
2019 $177,395 $31,912 $1,380,932 $145,483
2018 $145,055 $36,570 $1,062,169 $108,485
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