GRAND FORKS, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)GRAND FORKS FIRE DEPARTMENT RELIEF ASSOCIATION, founded in 1963, is a small nonprofit that reported $634K in total revenue in fiscal year 2025. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $355K, a strong 56% operating margin.
THE ASSOCIATION WAS FORMED TO DISBURSE FUNDS RECEIVED FROM THE CITY OF GRAND FORKS. THE DISBURSEMENTS ARE TO BE MADE FOR THE MAINTENANCE OF THE ASSOCIATION, FOR PENSIONS AND THE RELIEF OF SICK, INJURED, OR DISABLED MEMBERS OF ANY FIRE DEPARTMENT IN THE MUNICIPALITY, AND FOR THE PAYMENT OF SERVICE PENSIONS.
RETIREMENT OR DISABILITY PENSION PAYMENTS TO FIREFIGHTERS AND VARIOUS OTHER EXPENSES.
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)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $634,351 | $586,024 | +0.1% |
| Expenses | $279,373 | $260,890 | +0.1% |
| Net Income | $354,978 | $325,134 | +0.1% |
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 |
|---|---|---|---|---|---|---|
| BRANDON LAROQUE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOE DEWEY | SECRETARY | 2.00 |
Officer
Director
|
$599 | $0 | $599 |
| SEAN NORDSTOG | TREASURER | 2.00 |
Officer
Director
|
$599 | $0 | $599 |
| CODY WASYLOW | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRYCE O'NEILL | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DELRAY HUOT | FINANCE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROBERT PEARSON | VICE PRESIDENT | 1.00 |
Officer
Director
|
$300 | $0 | $300 |
| CHRIS NELSON | PRESIDENT | 1.00 |
Officer
Director
|
$300 | $0 | $300 |
| AARON WIKSTROM | FINANCE COMMITTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $634,351 | $279,373 | $5,353,566 | $354,978 |
| 2024 | $586,024 | $260,890 | $4,572,788 | $325,134 |
| 2023 | $332,950 | $273,581 | $4,258,686 | $59,369 |
| 2022 | $225,599 | $219,268 | $3,962,959 | $6,331 |
| 2021 | $693,035 | $224,168 | $4,697,108 | $468,867 |
| 2020 | $403,408 | $226,206 | $4,352,260 | $177,202 |
| 2019 | $369,597 | $221,183 | $3,824,575 | $148,414 |
| 2018 | $303,598 | $212,628 | $3,305,781 | $90,970 |
Compare GRAND FORKS FIRE DEPARTMENT RELIEF ASSOCIATION with other nonprofits in North Dakota and across the country.