Fargo, ND
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Fargo Firefighters Pension Association Inc, founded in 1959, is a community nonprofit that reported $9.0M in total revenue in fiscal year 2024. Revenue surged 90% from the prior year, signaling strong growth momentum. The organization ran a surplus of $5.2M, a strong 57% operating margin.
Our mission is to provide a secure retirement income to our eligible members and provide a safety net to our contributing members through our disability plan.
The Fargo Firefighters Pension Association provides retirement benefits to 106 service members and 27 families of deceased firefighters. Along with this, we provide disability benefits to 8 members...
The Fargo Firefighters Pension Association provides retirement benefits to 106 service members and 27 families of deceased firefighters. Along with this, we provide disability benefits to 8 members and provide separation refunds to members vested in their own contributions.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $9,001,523 | $4,735,821 | +0.9% |
| Expenses | $3,830,910 | $3,801,211 | +0.0% |
| Net Income | $5,170,613 | $934,610 | +4.5% |
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 |
|---|---|---|---|---|---|---|
| Brett Petsinger | President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Chris Pieper | Vice President | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Ryan Blotsky | Secretary/Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Justin Martin | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Todd Hanson | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Josh Worm | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Ethan Spaid | Trustee | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,001,523 | $3,830,910 | $60,902,206 | $5,170,613 |
| 2024 | $4,735,821 | $3,801,211 | $53,661,722 | $934,610 |
| 2023 | $6,381,916 | $3,376,410 | $47,926,925 | $3,005,506 |
| 2022 | $7,085,798 | $3,191,752 | $42,702,720 | $3,894,046 |
| 2021 | $7,617,341 | $2,942,077 | $47,135,647 | $4,675,264 |
| 2020 | $4,013,851 | $2,846,369 | $37,150,630 | $1,167,482 |
| 2019 | $5,900,571 | $2,899,084 | $36,045,615 | $3,001,487 |
Compare Fargo Firefighters Pension Association Inc with other nonprofits in North Dakota and across the country.