Civic Intelligence

Perham Firefighters Relief Association

990 • Fiscal year 2015 • EIN 41-6020946

Jan 01, 2015 to Dec 31, 2015 • Filed on Jul 02, 2016

Refreshing map…

525 West Main StPerham, MN 56573

(218) 346-4440

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.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

33rd percentile

0.00x

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

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Net Margin

93rd percentile

54%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

68th percentile

$375

Higher top officer pay than 68% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2015

Asset Growth

45th percentile

-0.0%

Faster asset growth than 45% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

10th percentile

-30%

Faster revenue growth than 10% of similar nonprofits.

2015 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$815,971

Down $15 (-0.0%) from 2014

Net Assets

Down

$815,971

Down $15 (-0.0%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Down

$66,248

Down $29,026 (-30%) from 2014

Expenses

Down

$30,481

Down $10,240 (-25%) from 2014

Net Income

Down

$35,767

Down $18,786 (-34%) 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 2010: $577,175Liabilities 2010: $0Net Assets 2010: $577,1752010Assets 2011: $675,404Liabilities 2011: $36,076Net Assets 2011: $639,3282011Assets 2012: $713,137Liabilities 2012: $0Net Assets 2012: $713,1372012Assets 2013: $770,950Liabilities 2013: $10,600Net Assets 2013: $760,3502013Assets 2014: $815,986Liabilities 2014: $0Net Assets 2014: $815,9862014Assets 2015: $815,971Liabilities 2015: $0Net Assets 2015: $815,9712015Assets 2016: $903,963Liabilities 2016: $0Net Assets 2016: $903,9632016Assets 2017: $1,080,376Liabilities 2017: $42Net Assets 2017: $1,080,3342017Assets 2018: $965,648Liabilities 2018: $5,302Net Assets 2018: $960,3462018Assets 2019: $1,134,638Liabilities 2019: $0Net Assets 2019: $1,134,6382019Assets 2020: $1,322,660Liabilities 2020: $0Net Assets 2020: $1,322,6602020Assets 2021: $1,387,576Liabilities 2021: $0Net Assets 2021: $1,387,5762021Assets 2022: $1,215,264Liabilities 2022: $0Net Assets 2022: $1,215,2642022Assets 2023: $1,399,639Liabilities 2023: $0Net Assets 2023: $1,399,6392023Assets 2024: $1,558,393Liabilities 2024: $0Net Assets 2024: $1,558,3932024

Highlighted filing

2015

Assets$815,971
Liabilities$0
Net Assets$815,971

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $45,8052010Revenue 2011: $113,057Expenses 2011: $50,904Net Income 2011: $62,1532011Expenses 2012: $92,0772012Revenue 2013: $243,849Expenses 2013: $141,977Net Income 2013: $101,8722013Revenue 2014: $95,274Expenses 2014: $40,721Net Income 2014: $54,5532014Revenue 2015: $66,248Expenses 2015: $30,481Net Income 2015: $35,7672015Revenue 2016: $76,512Expenses 2016: $29,140Net Income 2016: $47,3722016Revenue 2017: $93,638Expenses 2017: $22,556Net Income 2017: $71,0822017Revenue 2018: $171,177Expenses 2018: $101,075Net Income 2018: $70,1022018Revenue 2019: $85,648Expenses 2019: $91,505Net Income 2019: -$5,8572019Revenue 2020: $166,740Expenses 2020: $34,423Net Income 2020: $132,3172020Revenue 2021: $162,007Expenses 2021: $168,952Net Income 2021: -$6,9452021Revenue 2022: $139,059Expenses 2022: $61,003Net Income 2022: $78,0562022Revenue 2023: $172,055Expenses 2023: $93,366Net Income 2023: $78,6892023Revenue 2024: $270,382Expenses 2024: $145,452Net Income 2024: $124,9302024

Highlighted filing

2015

Revenue$66,248
Expenses$30,481
Net Income$35,767
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jul 2, 2016
Return Version
2015v2.0
Gross Receipts
$256,695
Mission and Program Overview

Mission

To provide retirement and death benefits to volunteer firefighters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$718,290$693,342▼ $24,948
Cash and Non-Interest-Bearing Accounts$97,696$120,629▲ $22,933
Accounts Receivable-$2,000-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$815,986$815,971▼ $15
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$767,052$764,840▼ $2,212
Unrestricted Net Assets$48,934$51,131▲ $2,197
Total Net Assets Fund Balance$815,986$815,971▼ $15
Total Liabilities and Net Assets / Fund Balance$815,986$815,971▼ $15
Compensation and Service Providers

Employees

NameTitleBaseTotal
Jon EbelingTreasurer$375$375
Nathan RooneyPresident$325$325
Matthew JohnsonSecretary$275$275
Richard FresonkeVice President$175$175

Board Members and Trustees

NameTitle
Duane AlstadtTrustee
Jon SmithTrustee
Kelcey KlemmTrustee
Laura NyhusTrustee
Mark SchmidtTrustee
Tim MeehlTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$47,341
Program Service Revenue
$0
Investment Income
$17,106
Other Revenue
$1,801
All Other Contributions
$2,750
Change in Net Assets
$35,767

Audited Revenue Reconciliation

Revenue per Audited Statements
$59,975
Revenue Not Reported on Financial Statements
$6,273
Revenue Not Reported on Form 990
$-32,373
Total Revenue per Audited Statements
$27,602
Total Revenue per Form 990
$66,248
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$12,131
Salaries, Compensation, and Employee Benefits$1,150
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$17,200--$17,200
Fees for Service Investment Mgmnt Fees-$6,273-$6,273
Fees for Services Accounting-$3,110-$3,110
Current Officers, Directors, Trustees, and Key Employees-$1,150-$1,150
Insurance-$147-$147
Other Expenses-$20-$20
Total Functional Expenses$17,200$13,281$0$30,481

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$30,481
Total Expenses per Audited Statements$27,617
Expenses per Audited Statements$24,208
Expenses Not Reported on Financial Statements$6,273
Expenses Not Reported on Form 990$3,409
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$5,210
Fundraising Direct Expenses$3,409
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Firefighters of the city of perham are members of the perham firefighters relief association.

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

The decisions of the governing body are subject to approval by the association members.

Form 990, Part VI, Line 11B: Form 990 Review Process

A copy of the 990 is provided to the board for review and approval.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The members of the association's board of trustees annually complete a statement of economic interest statement as required by the minnesota campaign finance and public disclosure board.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

The organization's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Perham Firefighters Relief Association
EIN
41-6020946
Phone
2183464440
Address
525 WEST MAIN ST, PERHAM, MN 56573

Signing Officer

Name
Nathan Rooney
Title
President
Signed
2016-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nathan Rooney
Formed
1919
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
33

Preparer

Firm
Benson Leitheiser & Soberg
Address
PO BOX 667, DETROIT LAKES, MN 56502
Preparer
Gregg W Benson
Phone
2188473114
Supplemental Narrative

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

Fundraising expenses $3409

Part XII, Line 2D: Other expenses and losses per audited F/S

Fundraising expenses $3409

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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11049
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2203
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt320
IRS990/OtherExpensesGrp/TotalAmt01329
IRS990/OtherExpensesGrp/TotalAmt11049
IRS990/OtherExpensesGrp/TotalAmt2203
IRS990/OtherExpensesGrp/TotalAmt320
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0NATHAN ROONEY
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt017800
IRS990/PYContributionsGrantsAmt059264
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt028969
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt021771
IRS990/PYOtherRevenueAmt07041
IRS990/PYRevenuesLessExpensesAmt054553
IRS990/PYSalariesCompEmpBnftPaidAmt01150
IRS990/PYTotalExpensesAmt040721
IRS990/PYTotalRevenueAmt095274
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt035767
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt03409
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt06273
IRS990ScheduleD/ExpensesSubtotalAmt024208
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt06273
IRS990ScheduleD/InvestmentExpensesNotIncldAmt06273
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-35782
IRS990ScheduleD/OtherExpensesIncludedAmt03409
IRS990ScheduleD/OtherRevenueAmt03409
IRS990ScheduleD/RevenueNotReportedAmt0-32373
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt06273
IRS990ScheduleD/RevenueSubtotalAmt059975
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES $3409
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES $3409
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalExpensesPerForm990Amt030481
IRS990ScheduleD/TotalRevenuePerForm990Amt066248
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt027602
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt027617
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FIREFIGHTERS OF THE CITY OF PERHAM ARE MEMBERS OF THE PERHAM FIREFIGHTERS RELIEF ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE ASSOCIATION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS OF THE ASSOCIATION'S BOARD OF TRUSTEES ANNUALLY COMPLETE A STATEMENT OF ECONOMIC INTEREST STATEMENT AS REQUIRED BY THE MINNESOTA CAMPAIGN FINANCE AND PUBLIC DISCLOSURE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0767052
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0764840
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0815986
IRS990/TotalAssetsEOYAmt0815971
IRS990/TotalAssetsGrp/BOYAmt0815986
IRS990/TotalAssetsGrp/EOYAmt0815971
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt047341
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt013281
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt017200
IRS990/TotalFunctionalExpensesGrp/TotalAmt030481
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0815986
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0815971
IRS990/TotalProgramServiceExpensesAmt017200
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalReportableCompFromOrgAmt01150
IRS990/TotalRevenueGrp/ExclusionAmt018907
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt066248
IRS990/TotalVolunteersCnt033
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0815986
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0815971
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt048934
IRS990/UnrestrictedNetAssetsGrp/EOYAmt051131
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt044123 452ND AVENUE
IRS990/USAddress/CityNm0PERHAM
IRS990/USAddress/StateAbbreviationCd0MN
IRS990/USAddress/ZIPCd056573
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NATHAN ROONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-07-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PERHAM FIREFIGHTERS RELIEF ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0PERH
ReturnHeader/Filer/EIN0416020946
ReturnHeader/Filer/PhoneNum02183464440

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.56$0.00$1.56$0.27$0.15$0.12
2023Detailed filing. Detailed filing data is available for this year.$1.40$0.00$1.40$0.17$0.09$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.22$0.00$1.22$0.14$0.06$0.08
2021Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.16$0.17$0.01
2020Detailed filing. Detailed filing data is available for this year.$1.32$0.00$1.32$0.17$0.03$0.13
2019Detailed filing. Detailed filing data is available for this year.$1.13$0.00$1.13$0.09$0.09$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.97$0.01$0.96$0.17$0.10$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.08$0.00$1.08$0.09$0.02$0.07
2016Detailed filing. Detailed filing data is available for this year.$0.90$0.00$0.90$0.08$0.03$0.05
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.07$0.03$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.82$0.00$0.82$0.10$0.04$0.05
2013Summary only. Only limited summary data is available for this year.$0.77$0.01$0.76$0.24$0.14$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.00$0.71$0.09
2011Summary only. Only limited summary data is available for this year.$0.68$0.04$0.64$0.11$0.05$0.06
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.58$0.00$0.58$0.05