Civic Intelligence

Zumbro Falls Fire Dept Relief Assn

990 • Fiscal year 2018 • EIN 41-1323733

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 04, 2019

PO Box 119Zumbro Falls, MN 55991

(507) 753-2423

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

30th percentile

0.00x

Higher debt load relative to assets than 30% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

40th percentile

0.04x

Higher debt load relative to revenue than 40% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$0

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Source year 2018

Asset Growth

67th percentile

5.6%

Faster asset growth than 67% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

90th percentile

69%

Faster revenue growth than 90% of similar nonprofits.

2018 filings • 501(c)4 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$448,741

Up $23,647 (+5.6%) from 2017

Net Assets

Up

$447,040

Up $21,946 (+5.2%) from 2017

Liabilities

Up

$1,701

Up $1,701 from 2017

Revenue

Up

$38,604

Up $15,696 (+69%) from 2017

Expenses

Down

$2,675

Down $15,958 (-86%) from 2017

Net Income

Up

$35,929

Up $31,654 (+740%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2010: $245,518Liabilities 2010: $366Net Assets 2010: $245,1522010Assets 2011: $257,414Liabilities 2011: $1,924Net Assets 2011: $255,4902011Assets 2012: $307,224Liabilities 2012: $127Net Assets 2012: $307,0972012Assets 2013: $390,163Liabilities 2013: $645Net Assets 2013: $389,5182013Assets 2014: $425,106Liabilities 2014: $1,527Net Assets 2014: $423,5792014Assets 2015: $366,378Liabilities 2015: $11,788Net Assets 2015: $354,5902015Assets 2016: $362,287Liabilities 2016: $71Net Assets 2016: $362,2162016Assets 2017: $425,094Liabilities 2017: $0Net Assets 2017: $425,0942017Assets 2018: $448,741Liabilities 2018: $1,701Net Assets 2018: $447,0402018Assets 2019: $572,950Liabilities 2019: $1,857Net Assets 2019: $571,0932019Assets 2020: $570,787Liabilities 2020: $14,836Net Assets 2020: $555,9512020Assets 2021: $612,432Liabilities 2021: $13,832Net Assets 2021: $598,6002021Assets 2022: $499,048Liabilities 2022: $2,459Net Assets 2022: $496,5892022Assets 2023: $561,700Liabilities 2023: $2,458Net Assets 2023: $559,2422023Assets 2024: $644,441Liabilities 2024: $3,933Net Assets 2024: $640,5082024

Highlighted filing

2018

Assets$448,741
Liabilities$1,701
Net Assets$447,040

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2010: $23,617Expenses 2010: $33,440Net Income 2010: -$9,8232010Revenue 2011: $29,958Expenses 2011: $22,625Net Income 2011: $7,3332011Revenue 2012: $25,676Expenses 2012: $2,138Net Income 2012: $23,5382012Revenue 2013: $26,640Expenses 2013: $2,950Net Income 2013: $23,6902013Revenue 2014: $20,779Expenses 2014: $18,224Net Income 2014: $2,5552014Revenue 2015: $23,966Expenses 2015: $91,715Net Income 2015: -$67,7492015Revenue 2016: $14,804Expenses 2016: $34,580Net Income 2016: -$19,7762016Revenue 2017: $22,908Expenses 2017: $18,633Net Income 2017: $4,2752017Revenue 2018: $38,604Expenses 2018: $2,675Net Income 2018: $35,9292018Revenue 2019: $27,638Expenses 2019: $3,642Net Income 2019: $23,9962019Revenue 2020: $371,250Expenses 2020: $163,845Net Income 2020: $207,4052020Revenue 2021: $152,171Expenses 2021: $131,188Net Income 2021: $20,9832021Revenue 2022: $121,938Expenses 2022: $182,440Net Income 2022: -$60,5022022Revenue 2023: $142,860Expenses 2023: $109,869Net Income 2023: $32,9912023Revenue 2024: $190,109Expenses 2024: $138,795Net Income 2024: $51,3142024

Highlighted filing

2018

Revenue$38,604
Expenses$2,675
Net Income$35,929
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 4, 2019
Return Version
2018v3.1
Gross Receipts
$2,685,780
Mission and Program Overview

Mission

See Part I, Line 1

To provide administration of retirement benefits to volunteer firefighters

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$392,454$406,305▲ $13,851
Cash and Non-Interest-Bearing Accounts$30,640$42,436▲ $11,796
Pledges and Grants Receivable$2,000--
Total Assets$425,094$448,741▲ $23,647
Liabilities
Deferred Revenue-$1,301-
Accounts Payable and Accrued Expenses-$400-
Total Liabilities$0$1,701▲ $1,701
Net Assets / Fund Balance
Temporarily Rstr Net Assets$392,454$415,512▲ $23,058
Unrestricted Net Assets$32,640$31,528▼ $1,112
Total Net Assets Fund Balance$425,094$447,040▲ $21,946
Total Liabilities and Net Assets / Fund Balance$425,094$448,741▲ $23,647
Compensation and Service Providers

Board Members and Trustees

NameTitle
Nate RichardsonPresident
Matthew FickVice-President/Treasurer
Shawn RobersonTrustee
Tyler BlimTrustee
Leon SextonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$27,110
Program Service Revenue
$0
Investment Income
$139
Other Revenue
$11,355
All Other Contributions
$4,495
Change in Net Assets
$35,929

Audited Revenue Reconciliation

Revenue per Audited Statements
$38,581
Revenue Not Reported on Financial Statements
$23
Revenue Not Reported on Form 990
$-17,880
Total Revenue per Audited Statements
$20,701
Total Revenue per Form 990
$38,604
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,675
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$2,620-$2,620
Insurance-$32-$32
Fees for Service Investment Mgmnt Fees$23--$23
Total Functional Expenses$23$2,652$0$2,675

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$2,675
Expenses per Audited Statements$2,652
Total Expenses per Audited Statements$2,652
Expenses Not Reported on Financial Statements$23
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$2,658,531
Gaming Direct Expenses$2,647,176
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Organization is comprised of members of the volunteer fire department.

Form 990, Part VI, Section A, line 7A

The members elect the members of the governing body.

Form 990, Part VI, Section A, line 7B

Decisions affecting investments, bylaws, etc are approved by the members.

Form 990, Part VI, Section B, line 11B

Form 990 is provided to the Organization's board of directors for review. After review it is made available to the members for their review.

Form 990, Part VI, Section C, line 19

The Organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Zumbro Falls Fire Department
EIN
41-1323733
Phone
5077532423
Address
PO Box 119, Zumbro Falls, MN 55991

Signing Officer

Name
Matt Fick
Title
President
Phone
5077532423
Signed
2019-11-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matt Fick
Formed
1955
Legal Domicile
Mn
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
0

Preparer

Firm
Abdo Eick & Meyers LLP
Address
100 Warren St Ste 600, Mankato, MN 56001
Preparer
Thomas J Olinger CPA
Phone
5076252727
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Prior year change in unreported liabilities 3,897.

Form 990, Part XII, Line 2C:

The Board of Directors oversees the audit.

Financial Statement Notes

Part X, Line 2:

The Organization is a nonprofit organization described in Section 501(c)4 of the Internal Revenue Code and is exempt from Federal and State income taxes. The Organization has analyzed filing positions with the Internal Revenue Service and the State of Minnesota. The Organization is subject to routine audits by these jurisdictions; however, the Organization is currently not under any audits for any tax periods. The Organization does not anticipate that any of its income tax filing positions would result in a material adverse effect on the Organization's financial condition, results of operations or cash flow. No liability has been recorded for uncertain tax positions. As allowed under accounting principles generally accepted in the United States of America, the Organization would accrue, if applicable, income tax related interest and penalties in income tax expense in the Organization's statement of revenues, expenditures and changes in fund balances. During the year ended December 31, 2018, the Organization did not recognize any interest or penalties. With few exceptions, the Organization is no longer subject to tax examinations by tax authorities for years before 2015.

Raw XML Appendix353 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt2Vice-President/Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
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IRS990/GamingDirectExpensesAmt02647176
IRS990/GamingGrossIncomeAmt02658531
IRS990/GoverningBodyVotingMembersCnt05
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
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IRS990/MethodOfAccountingAccrualInd0X
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IRS990/MinutesOfGoverningBodyInd01
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IRS990/NetUnrelatedBusTxblIncmAmt0-8591
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is a nonprofit organization described in Section 501(c)4 of the Internal Revenue Code and is exempt from Federal and State income taxes. The Organization has analyzed filing positions with the Internal Revenue Service and the State of Minnesota. The Organization is subject to routine audits by these jurisdictions; however, the Organization is currently not under any audits for any tax periods. The Organization does not anticipate that any of its income tax filing positions would result in a material adverse effect on the Organization's financial condition, results of operations or cash flow. No liability has been recorded for uncertain tax positions. As allowed under accounting principles generally accepted in the United States of America, the Organization would accrue, if applicable, income tax related interest and penalties in income tax expense in the Organization's statement of revenues, expenditures and changes in fund balances. During the year ended December 31, 2018, the Organization did not recognize any interest or penalties. With few exceptions, the Organization is no longer subject to tax examinations by tax authorities for years before 2015.
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IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0Sharon Harrington
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Organization is comprised of members of the volunteer fire department.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The members elect the members of the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Decisions affecting investments, bylaws, etc are approved by the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form 990 is provided to the Organization's board of directors for review. After review it is made available to the members for their review.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4The Organization makes its governing documents and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Prior year change in unreported liabilities 3,897.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6The Board of Directors oversees the audit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XII, Line 2c:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0392454
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0415512
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0425094
IRS990/TotalAssetsEOYAmt0448741
IRS990/TotalAssetsGrp/BOYAmt0425094
IRS990/TotalAssetsGrp/EOYAmt0448741
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt027110
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt02652
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt023
IRS990/TotalFunctionalExpensesGrp/TotalAmt02675
IRS990/TotalGrossUBIAmt0-8591
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt01701
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt01701
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0425094
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0447040
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt023
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt020085
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt038604
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-8591
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0425094
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0448741
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt032640
IRS990/UnrestrictedNetAssetsGrp/EOYAmt031528
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO Box 119
IRS990/USAddress/CityNm0Zumbro Falls
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055991
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Matt Fick
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum05077532423
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Zumbro Falls Fire Department
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Relief Association
ReturnHeader/Filer/BusinessNameControlTxt0ZUMB
ReturnHeader/Filer/EIN0411323733
ReturnHeader/Filer/PhoneNum05077532423
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 119
ReturnHeader/Filer/USAddress/CityNm0Zumbro Falls
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd055991
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F3A9343BBB4473E3A6844ADF689180E2CDEE805C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A74136AA40F007A4A216C3B3C4900EBDFB0DA03C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02019-11-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:01:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411397419
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Abdo Eick & Meyers LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0100 Warren St Ste 600
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mankato
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056001
ReturnHeader/PreparerPersonGrp/PhoneNum05076252727
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Thomas J Olinger CPA
ReturnHeader/ReturnTs02019-11-15T15:42:11-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.44$0.04$6.41$1.90$1.39$0.51
2023Detailed filing. Detailed filing data is available for this year.$5.62$0.02$5.59$1.43$1.10$0.33
2022Detailed filing. Detailed filing data is available for this year.$4.99$0.02$4.97$1.22$1.82$0.61
2021Detailed filing. Detailed filing data is available for this year.$6.12$0.14$5.99$1.52$1.31$0.21
2020Detailed filing. Detailed filing data is available for this year.$5.71$0.15$5.56$3.71$1.64$2.07
2019Detailed filing. Detailed filing data is available for this year.$5.73$0.02$5.71$0.28$0.04$0.24
2018Detailed filing. Detailed filing data is available for this year.$4.49$0.02$4.47$0.39$0.03$0.36
2017Detailed filing. Detailed filing data is available for this year.$4.25$0.00$4.25$0.23$0.19$0.04
2016Summary only. Only limited summary data is available for this year.$3.62$0.00$3.62$0.15$0.35$0.20
2015Summary only. Only limited summary data is available for this year.$3.66$0.12$3.55$0.24$0.92$0.68
2014Summary only. Only limited summary data is available for this year.$4.25$0.02$4.24$0.21$0.18$0.03
2013Summary only. Only limited summary data is available for this year.$3.90$0.01$3.90$0.27$0.03$0.24
2012Summary only. Only limited summary data is available for this year.$3.07$0.00$3.07$0.26$0.02$0.24
2011Summary only. Only limited summary data is available for this year.$2.57$0.02$2.55$0.30$0.23$0.07
2010Summary only. Only limited summary data is available for this year.$2.46$0.00$2.45$0.24$0.33$0.10