Civic Intelligence

Glyndon Firefighters Relief Assn

990 • Fiscal year 2017 • EIN 41-1609928

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 24, 2018

PO Box 68Glyndon, MN 56547

(701) 261-6382

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

33rd percentile

0.00x

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

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Net Margin

72nd percentile

19%

Higher net margin than 72% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

68th percentile

$0

Higher top officer pay than 68% of similar nonprofits.

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

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Asset Growth

71st percentile

9.7%

Faster asset growth than 71% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

79th percentile

22%

Faster revenue growth than 79% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$590,810

Up $52,057 (+9.7%) from 2016

Net Assets

Up

$590,810

Up $52,057 (+9.7%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Up

$54,516

Up $9,789 (+22%) from 2016

Expenses

Up

$44,252

Up $9,243 (+26%) from 2016

Net Income

Up

$10,264

Up $546 (+5.6%) from 2016

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $468,695Liabilities 2013: $02013Assets 2014: $523,857Liabilities 2014: $0Net Assets 2014: $523,8572014Assets 2015: $512,196Liabilities 2015: $0Net Assets 2015: $512,1962015Assets 2016: $538,753Liabilities 2016: $0Net Assets 2016: $538,7532016Assets 2017: $590,810Liabilities 2017: $0Net Assets 2017: $590,8102017Assets 2018: $549,792Liabilities 2018: $5,970Net Assets 2018: $543,8222018Assets 2019: $668,822Liabilities 2019: $5,300Net Assets 2019: $663,5222019Assets 2020: $742,721Liabilities 2020: $3,800Net Assets 2020: $738,9212020Assets 2021: $833,879Liabilities 2021: $0Net Assets 2021: $833,8792021Assets 2022: $712,083Liabilities 2022: $6,712Net Assets 2022: $705,3712022Assets 2023: $757,647Liabilities 2023: $5,750Net Assets 2023: $751,8972023Assets 2024: $838,304Liabilities 2024: $3,870Net Assets 2024: $834,4342024

Highlighted filing

2017

Assets$590,810
Liabilities$0
Net Assets$590,810

Operations Trend

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

$100K$50K$0-$50KRevenue 2013: $39,878Expenses 2013: $791Net Income 2013: $39,0872013Revenue 2014: $55,224Expenses 2014: $4,174Net Income 2014: $51,0502014Revenue 2015: $46,539Expenses 2015: $26,725Net Income 2015: $19,8142015Revenue 2016: $44,727Expenses 2016: $35,009Net Income 2016: $9,7182016Revenue 2017: $54,516Expenses 2017: $44,252Net Income 2017: $10,2642017Revenue 2018: $46,538Expenses 2018: $32,977Net Income 2018: $13,5612018Revenue 2019: $46,973Expenses 2019: $16,827Net Income 2019: $30,1462019Revenue 2020: $36,532Expenses 2020: $10,212Net Income 2020: $26,3202020Revenue 2021: $47,281Expenses 2021: $21,009Net Income 2021: $26,2722021Revenue 2022: $42,492Expenses 2022: $25,525Net Income 2022: $16,9672022Revenue 2023: $43,563Expenses 2023: $71,878Net Income 2023: -$28,3152023Revenue 2024: $61,273Expenses 2024: $21,857Net Income 2024: $39,4162024

Highlighted filing

2017

Revenue$54,516
Expenses$44,252
Net Income$10,264
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 24, 2018
Return Version
2017v2.3
Gross Receipts
$60,774
Mission and Program Overview

Mission

To provide retirement and disability benefits to retired firefighters and lend support to the glyndon volunteer firefighters and the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$465,807$534,917▲ $69,110
Savings and Temporary Cash Investments$32,561$27,890▼ $4,671
Cash and Non-Interest-Bearing Accounts$15,703$26,043▲ $10,340
Total Assets$538,753$590,810▲ $52,057
Other Assets Total$24,682$1,960▼ $22,722
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$538,753$590,810▲ $52,057
Total Net Assets Fund Balance$538,753$590,810▲ $52,057
Total Liabilities and Net Assets / Fund Balance$538,753$590,810▲ $52,057
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jeff AbelePresident
Mike BrownTrustee
Roland GruelTrustee
Justin SchreiberEx-officio D
Robert CuchnaEx-officio D
Wendy AffieldEx-officio D
Rodney SchefflerSecretary
Brock FrankeTreasurer
Tonya KingVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$25,984
Program Service Revenue
$0
Investment Income
$19,255
Other Revenue
$9,277
All Other Contributions
$2,300
Change in Net Assets
$10,264

Audited Revenue Reconciliation

Revenue per Audited Statements
$54,516
Revenue Not Reported on Form 990
$48,050
Total Revenue per Audited Statements
$102,566
Total Revenue per Form 990
$54,516
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,508
Other Expenses$5,078
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$33,666--$33,666
Grants to Domestic Orgs$5,508--$5,508
Fees for Services Accounting$1,800$1,800-$3,600
Fees for Service Investment Mgmnt Fees$1,258--$1,258
Other Expenses$25--$25
Total Functional Expenses$42,452$1,800$0$44,252

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$50,510
Expenses per Audited Statements$44,252
Total Expenses per Form 990$44,252
Expenses Not Reported on Form 990$6,258
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$15,535
Fundraising Direct Expenses$6,258
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Steak Dinner$15,535$15,535$6,258$9,277
Total Events$15,535$15,535$6,258$9,277
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
No
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
No
Management duties delegated
No

Governance Explanations

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

Form 990 is presented to the board for review before filing.

Form 990, Page 6, Part VI, Line 19

Documents are provided upon request.

Filing and Contact Details

Filer

Filer Name
FIREMENS RELIEF ASS'N OF MINNESOTA
EIN
41-1609928
Address
PO BOX 68, GLYNDON, MN 56547

Signing Officer

Name
Brock Franke
Title
Treasurer
Phone
2184982157
Signed
2018-09-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Abele
Formed
1949
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
9
Employees
0

Preparer

Firm
Carlsonsv Llp
Address
2450 COLLEGE WAY, FERGUS FALLS, MN 56537
Preparer
Matt Guyer CPA
Phone
2187393267
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

ROUNDING 1

Financial Statement Notes

Schedule D, Page 3, Part X

The association has adopted asc 740-10 income taxes, which prescribes a comprehensive model for recognizing, measuring, presenting, and disclosing in the financial statements uncertain tax positions which the association has taken or expects to take in its income tax returns. The association's policy is to include interest and penalties related to unrecognized tax benefits/liabilities in income tax refunds/expense.

Schedule D, Page 4, Part XI, Line 2D

Direct fundraising costs 6,258

Schedule D, Page 4, Part XII, Line 2D

Direct fundraising costs 6,258

Raw XML Appendix333 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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION HAS ADOPTED ASC 740-10 INCOME TAXES, WHICH PRESCRIBES A COMPREHENSIVE MODEL FOR RECOGNIZING, MEASURING, PRESENTING, AND DISCLOSING IN THE FINANCIAL STATEMENTS UNCERTAIN TAX POSITIONS WHICH THE ASSOCIATION HAS TAKEN OR EXPECTS TO TAKE IN ITS INCOME TAX RETURNS. THE ASSOCIATION'S POLICY IS TO INCLUDE INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS/LIABILITIES IN INCOME TAX REFUNDS/EXPENSE.
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IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ROUNDING 1
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IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0538753
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0590810
IRS990/TotalProgramServiceExpensesAmt042452
IRS990/TotalRevenueGrp/ExclusionAmt028532
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt054516
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0538753
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0590810
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0538753
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0590810
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 68
IRS990/USAddress/CityNm0GLYNDON
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056547
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BROCK FRANKE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02184982157
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FIREMENS RELIEF ASS'N OF MINNESOTA
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0GLYNDON FIREFIGHTERS RELIEF ASS'N
ReturnHeader/Filer/BusinessNameControlTxt0FIRE
ReturnHeader/Filer/EIN0411609928
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 68
ReturnHeader/Filer/USAddress/CityNm0GLYNDON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056547
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01C10D2E0A5EDEB20F858CD200EB044FE925B24F4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0E6E7321CA113FE619A6DB8C65D3803F5D4EA1081
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02018-11-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:54:27
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0411562398
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CARLSONSV LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02450 COLLEGE WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FERGUS FALLS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056537
ReturnHeader/PreparerPersonGrp/PhoneNum02187393267
ReturnHeader/PreparerPersonGrp/PreparationDt02018-09-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATT GUYER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-11-08T10:54:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.38$0.04$8.34$0.61$0.22$0.39
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.58$0.06$7.52$0.44$0.72$0.28
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.12$0.07$7.05$0.42$0.26$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.34$0.00$8.34$0.47$0.21$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.43$0.04$7.39$0.37$0.10$0.26
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.69$0.05$6.64$0.47$0.17$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.50$0.06$5.44$0.47$0.33$0.14
2017Detailed filing. Detailed filing data is available for this year.$5.91$0.00$5.91$0.55$0.44$0.10
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.39$0.00$5.39$0.45$0.35$0.10
2015Detailed filing. Detailed filing data is available for this year.$5.12$0.00$5.12$0.47$0.27$0.20
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.24$0.00$5.24$0.55$0.04$0.51
2013Summary only. Only limited summary data is available for this year.$4.69$0.00$0.40$0.01$0.39
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)4 • $500k-$1M nonprofits