Civic Intelligence

Verndale Fire Department Relief

990 • Fiscal year 2022 • EIN 41-1615933

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 19, 2023

PO Box 156Verndale, MN 56481

(218) 445-5400

Siviq Scores

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

Liabilities / Assets

39th percentile

0.00x

Higher debt load relative to assets than 39% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

44th percentile

0.01x

Higher debt load relative to revenue than 44% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Net Margin

46th percentile

4.5%

Higher net margin than 46% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

71st percentile

$0

Higher top officer pay than 71% of similar nonprofits.

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

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Asset Growth

11th percentile

-16%

Faster asset growth than 11% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

60th percentile

11%

Faster revenue growth than 60% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Down

$938,903

Down $183,026 (-16%) from 2021

Net Assets

Down

$938,403

Down $183,526 (-16%) from 2021

Liabilities

Up

$500

Up $500 from 2021

Revenue

Up

$84,237

Up $8,348 (+11%) from 2021

Expenses

Up

$80,455

Up $16,691 (+26%) from 2021

Net Income

Down

$3,782

Down $8,343 (-69%) from 2021

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2010: $470,531Liabilities 2010: $630Net Assets 2010: $469,9012010Assets 2011: $421,192Liabilities 2011: $630Net Assets 2011: $420,5622011Assets 2012: $427,932Net Assets 2012: $427,9322012Assets 2013: $489,776Liabilities 2013: $0Net Assets 2013: $489,7762013Assets 2014: $560,723Liabilities 2014: $0Net Assets 2014: $560,7232014Assets 2015: $544,844Liabilities 2015: $0Net Assets 2015: $544,8442015Assets 2016: $631,339Liabilities 2016: $2,615Net Assets 2016: $628,7242016Assets 2017: $721,136Liabilities 2017: $0Net Assets 2017: $721,1362017Assets 2018: $701,817Liabilities 2018: $0Net Assets 2018: $701,8172018Assets 2019: $887,006Liabilities 2019: $0Net Assets 2019: $887,0062019Assets 2020: $984,655Liabilities 2020: $0Net Assets 2020: $984,6552020Assets 2021: $1,121,929Liabilities 2021: $0Net Assets 2021: $1,121,9292021Assets 2022: $938,903Liabilities 2022: $500Net Assets 2022: $938,4032022Assets 2023: $1,089,519Liabilities 2023: $0Net Assets 2023: $1,089,5192023Assets 2024: $1,237,064Liabilities 2024: $0Net Assets 2024: $1,237,0642024

Highlighted filing

2022

Assets$938,903
Liabilities$500
Net Assets$938,403

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $49,171Expenses 2010: $6,655Net Income 2010: $42,5162010Revenue 2011: $35,969Expenses 2011: $71,301Net Income 2011: -$35,3322011Revenue 2012: $39,386Expenses 2012: $54,416Net Income 2012: -$15,0302012Revenue 2013: $35,839Expenses 2013: $15,849Net Income 2013: $19,9902013Revenue 2014: $63,420Expenses 2014: $5,247Net Income 2014: $58,1732014Revenue 2015: $83,082Expenses 2015: $52,185Net Income 2015: $30,8972015Revenue 2016: $66,126Expenses 2016: $13,751Net Income 2016: $52,3752016Revenue 2017: $69,232Expenses 2017: $34,216Net Income 2017: $35,0162017Revenue 2018: $94,099Expenses 2018: $48,553Net Income 2018: $45,5462018Revenue 2019: $73,486Expenses 2019: $17,672Net Income 2019: $55,8142019Revenue 2020: $56,244Expenses 2020: $81,985Net Income 2020: -$25,7412020Revenue 2021: $75,889Expenses 2021: $63,764Net Income 2021: $12,1252021Revenue 2022: $84,237Expenses 2022: $80,455Net Income 2022: $3,7822022Revenue 2023: $64,964Expenses 2023: $40,787Net Income 2023: $24,1772023Revenue 2024: $76,815Expenses 2024: $64,184Net Income 2024: $12,6312024

Highlighted filing

2022

Revenue$84,237
Expenses$80,455
Net Income$3,782
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 19, 2023
Return Version
2022v5.0
Gross Receipts
$90,876
Mission and Program Overview

Mission

Fire fighter support and pension

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,121,929$938,403▼ $183,526
Investments in Publicly Traded Securities$1,044,648$847,600▼ $197,048
Savings and Temporary Cash Investments$72,901$86,322▲ $13,421
Cash and Non-Interest-Bearing Accounts$3,170$3,981▲ $811
Accounts Receivable$1,210$1,000▼ $210
Total Assets$1,121,929$938,903▼ $183,026
Liabilities
Accounts Payable and Accrued Expenses-$500-
Total Liabilities$0$500▲ $500
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,121,929$938,403▼ $183,526
Total Liabilities and Net Assets / Fund Balance$1,121,929$938,903▼ $183,026
Compensation and Service Providers

Board Members and Trustees

NameTitle
Wayne StavePresident
Erick AndersonTrustee
Ryan SundbyTrustee
Melissa CurrentCity Clerk
Mike MadsenFire Chief
Tara ErkenbrackMayor
Ryan SchmitzSecretary
Tyler FisherTreasurer
John RousslangVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$22,402
Investment Income
$20,383
Other Revenue
$41,452
Change in Net Assets
$3,782

Audited Revenue Reconciliation

Revenue per Audited Statements
$84,237
Revenue Not Reported on Form 990
$-194,743
Total Revenue per Audited Statements
$-110,506
Total Revenue per Form 990
$84,237
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$16,855
Grants and Similar Amounts Paid$5,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$58,600--$58,600
Fees for Service Investment Mgmnt Fees-$7,972-$7,972
Fees for Services Accounting-$6,485-$6,485
Grants to Domestic Orgs$5,000--$5,000
Conferences and Meetings$1,763--$1,763
Insurance$234--$234
Advertising$190--$190
Office Expenses$51--$51
Other Expenses$10--$10
Total Functional Expenses$65,998$14,457$0$80,455

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$80,455
Total Expenses per Form 990$80,455
Total Expenses per Audited Statements$73,020
Expenses Not Reported on Form 990$-7,435
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$48,091
Fundraising Direct Expenses$6,639
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising Auc$29,992$29,992-$29,992
Fundraising Gun$9,000$9,000$256$8,744
Total Events$38,992$38,992$4,834$34,158
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 35% controlled entity
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The association's members consist of volunteer firefighters.

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

Officers are elected by members of the association.

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

Decisions made by the governing body are subject to approval by the association's members.

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

A copy of the form 990 is reviewed by an officer. At the next regularly scheduled meeting, the officer reports to the rest of the members and provides a copy to those who wish to review it. The next meeting might or might not be prior to the actual filing of the return.

Form 990, Page 6, Part VI, Line 19

Documents are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Verndale Fire Department Relief
EIN
41-1615933
Phone
2184455400
Address
PO BOX 156, VERNDALE, MN 56481

Signing Officer

Name
Wayne Stave
Title
President
Phone
2184455400
Signed
2023-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wayne Stave
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
22

Preparer

Firm
Mayer Porter & Nelson Ltd
Address
PO BOX 206, STAPLES, MN 56479
Preparer
Keith G Porter
Phone
2188941399
Supplemental Narrative

Financial Statement Notes

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

Investment exp net w/ revenue on fin'l stmts -7,435

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

Investment exp net w/ revenue on fin'l stmts -7,435

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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IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt029992
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt09000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt038992
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt034158
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt03828
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt03828
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0256
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0256
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION'S MEMBERS CONSIST OF VOLUNTEER FIREFIGHTERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS ARE ELECTED BY MEMBERS OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DECISIONS MADE BY THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE ASSOCIATION'S MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE FORM 990 IS REVIEWED BY AN OFFICER. AT THE NEXT REGULARLY SCHEDULED MEETING, THE OFFICER REPORTS TO THE REST OF THE MEMBERS AND PROVIDES A COPY TO THOSE WHO WISH TO REVIEW IT. THE NEXT MEETING MIGHT OR MIGHT NOT BE PRIOR TO THE ACTUAL FILING OF THE RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS 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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01121929
IRS990/TotalAssetsEOYAmt0938903
IRS990/TotalAssetsGrp/BOYAmt01121929
IRS990/TotalAssetsGrp/EOYAmt0938903
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt014457
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt065998
IRS990/TotalFunctionalExpensesGrp/TotalAmt080455
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0500
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0500
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01121929
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0938403
IRS990/TotalProgramServiceExpensesAmt065998
IRS990/TotalProgramServiceRevenueAmt022402
IRS990/TotalRevenueGrp/ExclusionAmt061835
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt022402
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt084237
IRS990/TotalVolunteersCnt022
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01121929
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0938903
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 156
IRS990/USAddress/CityNm0VERNDALE
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056481
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WAYNE STAVE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02184455400
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0VERNDALE FIRE DEPARTMENT RELIEF
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0VERN
ReturnHeader/Filer/EIN0411615933
ReturnHeader/Filer/PhoneNum02184455400
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 156
ReturnHeader/Filer/USAddress/CityNm0VERNDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MN
ReturnHeader/Filer/USAddress/ZIPCd056481
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0412014047
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MAYER PORTER & NELSON LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STAPLES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd056479
ReturnHeader/PreparerPersonGrp/PhoneNum02188941399
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEITH G PORTER
ReturnHeader/ReturnTs02023-09-26T15:23:15-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WAYNE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0STAVE
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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.$1.24$0.00$1.24$0.08$0.06$0.01
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.09$0.00$1.09$0.06$0.04$0.02
2022Detailed filing. Detailed filing data is available for this year.$0.94$0.00$0.94$0.08$0.08$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$0.08$0.06$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.98$0.00$0.98$0.06$0.08$0.03
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.00$0.89$0.07$0.02$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.00$0.70$0.09$0.05$0.05
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.00$0.72$0.07$0.03$0.04
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.63$0.00$0.63$0.07$0.01$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.08$0.05$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.06$0.01$0.06
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.49$0.00$0.49$0.04$0.02$0.02
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.43$0.43$0.04$0.05$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.00$0.42$0.04$0.07$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.00$0.47$0.05$0.01$0.04