HOSPERS FIREFIGHTERS ASSOCIATION

EIN: 823681346 501(c)(3) Public Safety

HOSPERS, IA

Total Revenue
$282,656
Total Expenses
$614
Total Assets
$529,300
Net Assets
$529,300
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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
2021
Legal Domicile
IA
Principal Officer
CORY HOOGLAND
Phone
7127528700
Tax Period
2024-01-01 to 2024-12-31

HOSPERS FIREFIGHTERS ASSOCIATION, founded in 2021, is a small nonprofit in the Public Safety sector that reported $283K in total revenue in fiscal year 2024. The organization ran a surplus of $282K, a strong 100% operating margin.

Mission

SERVE THE COMMUNITY'S NEEDS PROMPTLY AND PROFESSIONALLY BY PRESERVING LIFE AND PROPERTY FROM ANY EMERGENCY, THROUGH FIRE SUPPRESSION, MEDICAL EMERGENCIES, AND ALL OTHER HAZARDS WITH DEDICATION, TEAMWORK, AND PUBLIC EDUCATION.

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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 $241,594
Program Service Revenue $0
Investment Income $4,886
Other Revenue $36,176
TOTAL REVENUE $282,656

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $466
Other Expenses $614
TOTAL EXPENSES $614

Year-over-Year Comparison

2024 2023 Change
Revenue $282,656 N/A N/A
Expenses $614 N/A N/A
Net Income $282,042 N/A N/A
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
5
Independent Members
5
Employees
N/A
Volunteers
16

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
3
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LARRY GLODEN TREASURER/SE 1.25
Officer Director
$0 $0 $0
CORY HOOGLAND PRESIDENT 1.25
Officer Director
$0 $0 $0
JIM KLYNSMA VICE PRESIDE 0.25
Officer Director
$0 $0 $0
JASON OVERMOHLE BOARD MEMBER 1.25
Director
$0 $0 $0
KEVIN RICHTER BOARD MEMBER 0.25
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 $282,656 $614 $529,300 $282,042
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