HERMANTOWN VOLUNTEER FIRE DEPARTMENT

EIN: 416166468 501(c)(3)

HERMANTOWN, MN

Total Revenue
$639,631
Total Expenses
$3,810,643
Total Assets
N/A
Net Assets
N/A
🔒

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
1956
Legal Domicile
MN
Principal Officer
BRANDON CRUSAN
Phone
2183430104
Tax Period
2023-01-01 to 2023-12-31

HERMANTOWN VOLUNTEER FIRE DEPARTMENT, founded in 1956, is a small nonprofit that reported $640K in total revenue in fiscal year 2023. Expenses of $3.8M exceeded revenue, resulting in a 496% operating deficit.

Mission

TO PROVIDE EMS AND FIREFIGHTING SERVICES TO HERMANTOWN AND ADJOINING AREAS. ALSO TO PROVIDE FIRE PREVENTION EDUCATION.

Program Service Accomplishments

Program 1
Expenses: $3,729,716 Revenue: $537,634

TO PROVIDE EMS AND FIREFIGHTING SERVICES TO HERMANTOWN AND ADJOINING AREAS. ALSO TO PROVIDE FIRE PREVENTION EDUCATION.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $96,095
Program Service Revenue $537,634
Investment Income $5,902
Other Revenue $0
TOTAL REVENUE $639,631

Expense Breakdown

Grants Paid $3,104,671
Salaries & Benefits $298,249
Fundraising Expenses $0
Program Expenses $3,729,716
Other Expenses $407,723
TOTAL EXPENSES $3,810,643

Year-over-Year Comparison

2023 2022 Change
Revenue $639,631 $620,184 +0.0%
Expenses $3,810,643 $628,888 +5.1%
Net Income $-3,171,012 $-8,704 +363.3%
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

Sign In

Governance

Voting Members
10
Independent Members
N/A
Employees
25
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
$21,956
Total Directors
10
$86,646
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDON CRUSAN PRESIDENT 15.00
Officer Director
$5,745 $0 $5,745
JONATHAN J BODIN VICE PRESIDENT 15.00
Officer Director
$7,218 $0 $7,218
AMANDA CUNNINGHAM SECRETARY 15.00
Officer Director
$6,130 $0 $6,130
JASON CARLSON TREASURER 15.00
Officer Director
$2,863 $0 $2,863
MICHAEL MARSHALL CHIEF 15.00
Director
$7,230 $0 $7,230
ZACHARY GRAVES DEPUTY CHIEF 15.00
Director
$11,913 $0 $11,913
JAMIE LEPAGE ASSISTANT CHIEF 1 15.00
Director
$18,013 $0 $18,013
SCOTT MILLER ASSISTANT CHIEF 2 15.00
Director
$4,374 $0 $4,374
PATRICK ALBRECHT ASSISTANT CHIEF 3 15.00
Director
$19,570 $0 $19,570
STEVEN JOHNSON FIRE MARSHALL, TRAINING OFFICER 15.00
Director
$3,590 $0 $3,590
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
2023 $639,631 $3,810,643 No data $-3,171,012
2022 $620,184 $628,888 $3,170,687 $-8,704
2021 $507,986 $518,074 $3,056,201 $-10,088
2020 $762,558 $546,262 $2,991,090 $216,296
2019 $579,202 $507,432 $2,612,533 $71,770
2018 $528,252 $484,266 $2,242,542 $43,986
2018 $586,830 $542,844 $2,433,973 $43,986
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HERMANTOWN VOLUNTEER FIRE DEPARTMENT 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.