Civic Intelligence

Vadnais Heights Firefighters Relief Association

990 • Fiscal year 2015 • EIN 41-1370203

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 27, 2016

3595 Arcade StVadnais Heights, MN 55127

(651) 204-6030

Siviq Scores

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

Liabilities / Assets

9th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

10th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Net Margin

92nd percentile

58%

Higher net margin than 92% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

35th percentile

$1,500

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.7% of source-year revenue.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2015

Asset Growth

46th percentile

0.2%

Faster asset growth than 46% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

91st percentile

43%

Faster revenue growth than 91% of similar nonprofits.

2015 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,575,416

Up $3,843 (+0.2%) from 2014

Net Assets

Up

$1,575,416

Up $27,234 (+1.8%) from 2014

Liabilities

Down

$0

Down $23,391 (-100%) from 2014

Revenue

Up

$214,101

Up $64,672 (+43%) from 2014

Expenses

Down

$90,712

Down $16,210 (-15%) from 2014

Net Income

Up

$123,389

Up $80,882 (+190%) from 2014

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2008: $979,049Liabilities 2008: $11,867Net Assets 2008: $967,1822008Assets 2009: $1,193,682Liabilities 2009: $11,184Net Assets 2009: $1,182,4982009Assets 2010: $1,240,599Liabilities 2010: $14,563Net Assets 2010: $1,226,0362010Assets 2012: $1,370,383Liabilities 2012: $27,230Net Assets 2012: $1,343,1532012Assets 2013: $1,491,591Liabilities 2013: $26,645Net Assets 2013: $1,464,9462013Assets 2014: $1,571,573Liabilities 2014: $23,391Net Assets 2014: $1,548,1822014Assets 2015: $1,575,416Liabilities 2015: $0Net Assets 2015: $1,575,4162015Assets 2016: $1,554,788Liabilities 2016: $28,380Net Assets 2016: $1,526,4082016Assets 2017: $203,374Liabilities 2017: $34,077Net Assets 2017: $169,2972017

Highlighted filing

2015

Assets$1,575,416
Liabilities$0
Net Assets$1,575,416

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2008: $117,953Expenses 2008: $149,275Net Income 2008: -$31,3222008Revenue 2009: $97,143Expenses 2009: $21,951Net Income 2009: $75,1922009Revenue 2010: $141,584Expenses 2010: $161,363Net Income 2010: -$19,7792010Revenue 2012: $124,666Expenses 2012: $65,050Net Income 2012: $59,6162012Revenue 2013: $188,045Expenses 2013: $227,368Net Income 2013: -$39,3232013Revenue 2014: $149,429Expenses 2014: $106,922Net Income 2014: $42,5072014Revenue 2015: $214,101Expenses 2015: $90,712Net Income 2015: $123,3892015Revenue 2016: $62,255Expenses 2016: $206,156Net Income 2016: -$143,9012016Revenue 2017: $597,608Expenses 2017: $76,591Net Income 2017: $521,0172017

Highlighted filing

2015

Revenue$214,101
Expenses$90,712
Net Income$123,389
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 27, 2016
Return Version
2015v2.1
Gross Receipts
$5,265,059
Mission and Program Overview

Mission

SEE PART I, LINE 1

To provide retirement benefits to volunteer firefighters

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$1,363,038$1,325,080▼ $37,958
Savings and Temporary Cash Investments$102,879$165,351▲ $62,472
Cash and Non-Interest-Bearing Accounts$98,471$79,346▼ $19,125
Pledges and Grants Receivable$4,126$2,964▼ $1,162
Prepaid Expenses and Deferred Charges$2,400$1,600▼ $800
Total Assets$1,571,573$1,575,416▲ $3,843
Other Assets Total$659$1,075▲ $416
Liabilities
Other Liabilities$23,391$0▼ $23,391
Total Liabilities$23,391$0▼ $23,391
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,362,583$1,306,952▼ $55,631
Unrestricted Net Assets$185,599$268,464▲ $82,865
Total Net Assets Fund Balance$1,548,182$1,575,416▲ $27,234
Total Liabilities and Net Assets / Fund Balance$1,571,573$1,575,416▲ $3,843

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$31,656--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Daniel AndersonPresident$1,500$1,500

Board Members and Trustees

NameTitle
Derek JohnsonVice President
Shawn FertchAlternate trustee
Edward LeierEx-officio trustee
Kevin WatsonEx-officio trustee
Marc JohannsenEx-officio trustee
Christopher DubayTrustee
Mike PfotenhauerTrustee
Doug GerlachSecretary
Robert TreftTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$85,630
Program Service Revenue
$52,635
Investment Income
$0
Other Revenue
$75,836
Change in Net Assets
$123,389

Audited Revenue Reconciliation

Revenue per Audited Statements
$214,021
Revenue Not Reported on Financial Statements
$80
Revenue Not Reported on Form 990
$4,944,461
Total Revenue per Audited Statements
$5,158,482
Total Revenue per Form 990
$214,101
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$9,363
Other Expenses$6,087
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$75,262--$75,262
Other Employee Benefits-$5,063-$5,063
Fees for Services Accounting$4,920--$4,920
Other Salaries and Wages$2,800--$2,800
Current Officers, Directors, Trustees, and Key Employees$1,500--$1,500
Office Expenses$111$279-$390
Insurance$347--$347
Other Expenses-$200-$200
Advertising-$150-$150
Fees for Service Investment Mgmnt Fees-$80-$80
Total Functional Expenses$84,940$5,772$0$90,712

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$5,141,590
Expenses Not Reported on Form 990$5,050,958
Total Expenses per Form 990$90,712
Expenses per Audited Statements$90,632
Expenses Not Reported on Financial Statements$80
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$5,120,885
Gaming Direct Expenses$5,045,098
Fundraising Gross Income$5,909
Fundraising Direct Expenses$5,860
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 1

One board member was compensated as an officer and was therefore not independent.

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 11

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
Vadnais Heights Firefighters' Relief
EIN
41-1370203
Phone
6512046030
Address
3595 Arcade St, Vadnais Heights, MN 55127

Signing Officer

Name
Daniel Anderson
Title
President
Phone
6512046030
Signed
2016-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Daniel Anderson
Formed
1971
Legal Domicile
Mn
Voting Board Members
10
Independent Board Members
9
Employees
21
Volunteers
30

Preparer

Firm
Abdo Eick & Meyers Llp
Address
5201 EDEN AVENUE SUITE 250, EDINA, MN 55436
Preparer
Thomas J Olinger CPA
Phone
9528359090
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Net change in fund balance due to gambling 10,342.

FORM 990, PART XII, LINE 2C:

The board of directors assumes responsibility for oversight of the audit.

Financial Statement Notes

Part X, Line 2:

Income taxes 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 Organizations 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 Organizations statement of revenues, expenditures and changes in fund balances. During the year ended December 31, 2015, 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 2012.

Part XI, Line 2D - Other Adjustments:

Direct expense netted from fundraising and gambling revenue 5,050,958.

Part XII, Line 2D - Other Adjustments:

Direct expense netted from fundraising and gambling revenue 5,050,958.

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IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd2F
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd3F
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-106497
IRS990ScheduleD/OtherExpensesIncludedAmt05050958
IRS990ScheduleD/OtherRevenueAmt05050958
IRS990ScheduleD/RevenueNotReportedAmt04944461
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt080
IRS990ScheduleD/RevenueSubtotalAmt0214021
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Income taxes 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 Organizations 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 Organizations statement of revenues, expenditures and changes in fund balances. During the year ended December 31, 2015, 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 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Direct expense netted from fundraising and gambling revenue 5,050,958.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Direct expense netted from fundraising and gambling revenue 5,050,958.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt01325080
IRS990ScheduleD/TotalExpensesPerForm990Amt090712
IRS990ScheduleD/TotalRevenuePerForm990Amt0214101
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt05158482
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt05141590
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt034656
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt04484205
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt04484205
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt05045098
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt05120885
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt05120885
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt075787
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt0524924
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt0524924
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt035969
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt035969
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd00
IRS990ScheduleG/GamingManagerCompensationAmt08960
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0Chris Dubay
IRS990ScheduleG/GamingManagerServicesProvTxt0Gambling Manager compensation
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0Chris Dubay
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt03595 Arcade St
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0Vadnais Heights
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd055126
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0One board member was compensated as an officer and was therefore not independent.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Organization is comprised of members of the volunteer fire department.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The members elect the members of the governing body
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Decisions affecting investments, bylaws, etc are approved by the members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Form 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/ExplanationTxt5The Organization makes its governing documents and financial statements available to the public upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Net change in fund balance due to gambling 10,342.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7The board of directors assumes responsibility for oversight of the audit.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt01362583
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt01306952
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01571573
IRS990/TotalAssetsEOYAmt01575416
IRS990/TotalAssetsGrp/BOYAmt01571573
IRS990/TotalAssetsGrp/EOYAmt01575416
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt085630
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05772
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt084940
IRS990/TotalFunctionalExpensesGrp/TotalAmt090712
IRS990/TotalGrossUBIAmt075787
IRS990/TotalLiabilitiesBOYAmt023391
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt023391
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01548182
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01575416
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt084940
IRS990/TotalProgramServiceRevenueAmt052635
IRS990/TotalReportableCompFromOrgAmt01500
IRS990/TotalRevenueGrp/ExclusionAmt049
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt052635
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0214101
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt075787
IRS990/TotalVolunteersCnt030
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01571573
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01575416
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd01
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0185599
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0268464
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt03595 Arcade St
IRS990/USAddress/CityNm0Vadnais Heights
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd055127
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Daniel Anderson
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum06512046030
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Vadnais Heights Firefighters' Relief
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Association

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