Civic Intelligence

Boyd Firemans Relief Assn

990 • Fiscal year 2015 • EIN 41-1469745

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 25, 2016

PO Box 95Boyd, MN 56218

(320) 855-2654

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

74th percentile

0.04x

Higher debt load relative to revenue than 74% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

98th percentile

89%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

55th percentile

4.6%

Faster asset growth than 55% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

34th percentile

-9.4%

Faster revenue growth than 34% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$243,769

Up $10,742 (+4.6%) from 2014

Net Assets

Up

$243,332

Up $11,139 (+4.8%) from 2014

Liabilities

Down

$437

Down $397 (-48%) from 2014

Revenue

Down

$11,613

Down $1,201 (-9.4%) from 2014

Expenses

Down

$1,316

Down $10 (-0.8%) from 2014

Net Income

Down

$10,297

Down $1,191 (-10%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $155,685Liabilities 2010: $564Net Assets 2010: $155,1212010Assets 2011: $161,700Liabilities 2011: $1,068Net Assets 2011: $160,6322011Assets 2012: $179,328Liabilities 2012: $777Net Assets 2012: $178,5512012Assets 2013: $211,909Liabilities 2013: $559Net Assets 2013: $211,3502013Assets 2014: $233,027Liabilities 2014: $834Net Assets 2014: $232,1932014Assets 2015: $243,769Liabilities 2015: $437Net Assets 2015: $243,3322015Assets 2016: $266,193Liabilities 2016: $518Net Assets 2016: $265,6752016Assets 2017: $306,415Liabilities 2017: $465Net Assets 2017: $305,9502017Assets 2018: $286,106Liabilities 2018: $563Net Assets 2018: $285,5432018Assets 2019: $340,236Liabilities 2019: $720Net Assets 2019: $339,5162019Assets 2020: $395,173Liabilities 2020: $379Net Assets 2020: $394,7942020Assets 2021: $424,360Liabilities 2021: $480Net Assets 2021: $423,8802021Assets 2022: $313,532Liabilities 2022: $525Net Assets 2022: $313,0072022Assets 2023: $348,665Liabilities 2023: $528Net Assets 2023: $348,1372023Assets 2024: $395,632Liabilities 2024: $1,461Net Assets 2024: $394,1712024

Highlighted filing

2015

Assets$243,769
Liabilities$437
Net Assets$243,332

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $11,049Expenses 2010: $1,308Net Income 2010: $9,7412010Revenue 2011: $8,147Expenses 2011: $1,316Net Income 2011: $6,8312011Revenue 2012: $8,858Expenses 2012: $1,317Net Income 2012: $7,5412012Revenue 2013: $10,831Expenses 2013: $1,405Net Income 2013: $9,4262013Revenue 2014: $12,814Expenses 2014: $1,326Net Income 2014: $11,4882014Revenue 2015: $11,613Expenses 2015: $1,316Net Income 2015: $10,2972015Revenue 2016: $16,169Expenses 2016: $2,069Net Income 2016: $14,1002016Revenue 2017: $17,826Expenses 2017: $3,137Net Income 2017: $14,6892017Revenue 2018: $13,889Expenses 2018: $29,597Net Income 2018: -$15,7082018Revenue 2019: $13,353Expenses 2019: $3,678Net Income 2019: $9,6752019Revenue 2020: $15,830Expenses 2020: $4,011Net Income 2020: $11,8192020Revenue 2021: $17,693Expenses 2021: $33,791Net Income 2021: -$16,0982021Revenue 2022: $25,949Expenses 2022: $70,017Net Income 2022: -$44,0682022Revenue 2023: $20,473Expenses 2023: $34,610Net Income 2023: -$14,1372023Revenue 2024: $20,987Expenses 2024: $21,266Net Income 2024: -$2792024

Highlighted filing

2015

Revenue$11,613
Expenses$1,316
Net Income$10,297
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 25, 2016
Return Version
2015v2.1
Gross Receipts
$409,340
Mission and Program Overview

Mission

Retirement for firefighters

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$119,699$130,351▲ $10,652
Investments in Publicly Traded Securities$109,628$111,100▲ $1,472
Cash and Non-Interest-Bearing Accounts$3,562$1,823▼ $1,739
Inventories for Sale or Use$138$495▲ $357
Total Assets$233,027$243,769▲ $10,742
Liabilities
Accounts Payable and Accrued Expenses$518--
Other Liabilities$316$437▲ $121
Total Liabilities$834$437▼ $397
Net Assets / Fund Balance
Unrestricted Net Assets$113,437$125,560▲ $12,123
Temporarily Rstr Net Assets$118,756$117,772▼ $984
Total Net Assets Fund Balance$232,193$243,332▲ $11,139
Total Liabilities and Net Assets / Fund Balance$233,027$243,769▲ $10,742

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$4,148$4,148
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lynell LeasmanPresident
Bryon LundyTrustee
Dan SchluterTrustee
Joe HuttSecretary
Arlen SumnerTreasurer
Dustin LyndyVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$11,306
Program Service Revenue
$0
Investment Income
$1,334
Other Revenue
$-1,027
Change in Net Assets
$10,297
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,316
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-$1,175-$1,175
Other Expenses$16--$16
Total Functional Expenses$141$1,175$0$1,316
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Direct Expenses$397,727
Gaming Gross Income$396,700
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Payable$437
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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, Page 6, Part VI, Line 6

The organization is organized with members.

Form 990, Page 6, Part VI, Line 7A

The organization has members who may elect one or more members of the governing body.

Form 990, Page 6, Part VI, Line 7B

Decisions of the governing body are subject to a majority vote by members.

Form 990, Page 6, Part VI, Line 11B

The organization reviews the 990 at their board meeting.

Form 990, Page 6, Part VI, Line 19

The governing documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Boyd Firemans Relief Assn
EIN
41-1469745
Phone
3208552654
Address
PO BOX 95, BOYD, MN 56218

Signing Officer

Name
Arlen Sumner
Title
Treasurer
Phone
3208552277
Signed
2016-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynell Leasman
Formed
1988
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
27

Preparer

Firm
Dana F Cole & Company Llp
Address
PO BOX 502, MONTEVIDEO, MN 56265
Preparer
James B Knutson
Phone
3202692146
Raw XML Appendix361 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/GovernmentGrantsAmt011306
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0109628
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IRS990/LegalDomicileStateCd0MN
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/MissionDesc0RETIREMENT FOR FIREFIGHTERS
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetUnrlzdGainsLossesInvstAmt0842
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IRS990/OperateHospitalInd0false
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IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0BOND EXPENSE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS ORGANIZED WITH MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS WHO MAY ELECT ONE OR MORE MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO A MAJORITY VOTE BY MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION REVIEWS THE 990 AT THEIR BOARD MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0118756
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0117772
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0233027
IRS990/TotalAssetsEOYAmt0243769
IRS990/TotalAssetsGrp/BOYAmt0233027
IRS990/TotalAssetsGrp/EOYAmt0243769
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt011306
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01175
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0141
IRS990/TotalFunctionalExpensesGrp/TotalAmt01316
IRS990/TotalGrossUBIAmt0-1027
IRS990/TotalLiabilitiesBOYAmt0834
IRS990/TotalLiabilitiesEOYAmt0437
IRS990/TotalLiabilitiesGrp/BOYAmt0834
IRS990/TotalLiabilitiesGrp/EOYAmt0437
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0232193
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0243332
IRS990/TotalProgramServiceExpensesAmt0141
IRS990/TotalRevenueGrp/ExclusionAmt01334
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt011613
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-1027
IRS990/TotalVolunteersCnt027
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0233027
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0243769
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0113437
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0125560
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 156
IRS990/USAddress/CityNm0BOYD
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056218
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ARLEN SUMNER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03208552277
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BOYD FIREMANS RELIEF ASSN
ReturnHeader/Filer/BusinessNameControlTxt0BOYD
ReturnHeader/Filer/EIN0411469745
ReturnHeader/Filer/PhoneNum03208552654
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 95
ReturnHeader/Filer/USAddress/CityNm0BOYD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056218
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0470526649
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DANA F COLE & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 502
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MONTEVIDEO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056265
ReturnHeader/PreparerPersonGrp/PhoneNum03202692146
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-25
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES B KNUTSON
ReturnHeader/ReturnTs02016-11-14T07:53:48-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$0.01$3.94$0.21$0.21$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.49$0.01$3.48$0.20$0.35$0.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.14$0.01$3.13$0.26$0.70$0.44
2021Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.24$0.00$4.24$0.18$0.34$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.95$0.00$3.95$0.16$0.04$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.40$0.01$3.40$0.13$0.04$0.10
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.86$0.01$2.86$0.14$0.30$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.06$0.00$3.06$0.18$0.03$0.15
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.66$0.01$2.66$0.16$0.02$0.14
2015Detailed filing. Detailed filing data is available for this year.$2.44$0.00$2.43$0.12$0.01$0.10
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.33$0.01$2.32$0.13$0.01$0.11
2013Detailed filing. Detailed filing data is available for this year.$2.12$0.01$2.11$0.11$0.01$0.09
2012Summary only. Only limited summary data is available for this year.$1.79$0.01$1.79$0.09$0.01$0.08
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.62$0.01$1.61$0.08$0.01$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.01$1.55$0.11$0.01$0.10