Civic Intelligence

Park Rapids Firemens Relief Association

990 • Fiscal year 2017 • EIN 41-6032720

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 25, 2018

PO Box 63Park Rapids, MN 56470

(218) 252-0278

Siviq Scores

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

Liabilities / Assets

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

14th percentile

0.00x

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

52nd percentile

3.7%

Higher net margin than 52% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

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

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

$1,402,761

No earlier filing loaded for comparison.

Net Assets

$1,402,761

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$199,786

No earlier filing loaded for comparison.

Expenses

$192,446

No earlier filing loaded for comparison.

Net Income

$7,340

No earlier filing loaded for comparison.

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 2017: $1,402,761Liabilities 2017: $0Net Assets 2017: $1,402,7612017Assets 2018: $1,326,142Liabilities 2018: $0Net Assets 2018: $1,326,1422018Assets 2019: $1,378,709Liabilities 2019: $0Net Assets 2019: $1,378,7092019Assets 2020: $1,599,085Liabilities 2020: $0Net Assets 2020: $1,599,0852020Assets 2021: $1,881,164Liabilities 2021: $0Net Assets 2021: $1,881,1642021Assets 2022: $1,262,697Liabilities 2022: $0Net Assets 2022: $1,262,6972022Assets 2023: $1,435,905Liabilities 2023: $0Net Assets 2023: $1,435,9052023Assets 2024: $1,822,768Liabilities 2024: $0Net Assets 2024: $1,822,7682024

Highlighted filing

2017

Assets$1,402,761
Liabilities$0
Net Assets$1,402,761

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2017: $199,786Expenses 2017: $192,446Net Income 2017: $7,3402017Revenue 2018: $182,991Expenses 2018: $153,721Net Income 2018: $29,2702018Revenue 2019: $177,463Expenses 2019: $313,423Net Income 2019: -$135,9602019Revenue 2020: $256,781Expenses 2020: $80,213Net Income 2020: $176,5682020Revenue 2021: $376,486Expenses 2021: $93,768Net Income 2021: $282,7182021Revenue 2022: $216,101Expenses 2022: $648,515Net Income 2022: -$432,4142022Revenue 2023: $260,943Expenses 2023: $202,320Net Income 2023: $58,6232023Revenue 2024: $257,242Expenses 2024: $66,614Net Income 2024: $190,6282024

Highlighted filing

2017

Revenue$199,786
Expenses$192,446
Net Income$7,340
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 25, 2018
Return Version
2017v2.2
Gross Receipts
$710,505
Mission and Program Overview

Mission

To provide retirement and death benefits to volunteer firefighters.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,192,986$1,249,091▲ $56,105
Accounts Receivable$83,275$87,065▲ $3,790
Savings and Temporary Cash Investments-$62,580-
Cash and Non-Interest-Bearing Accounts$70,623$4,025▼ $66,598
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$1,346,884$1,402,761▲ $55,877
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$1,223--
Total Liabilities$1,223$0▼ $1,223
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,311,591$1,365,607▲ $54,016
Unrestricted Net Assets$34,070$37,154▲ $3,084
Total Net Assets Fund Balance$1,345,661$1,402,761▲ $57,100
Total Liabilities and Net Assets / Fund Balance$1,346,884$1,402,761▲ $55,877
Compensation and Service Providers

Board Members and Trustees

NameTitle
Zachary DeshayesPresident
Robert MeierVice President
Kyle LittleTrustee
Ryan LecknerTrustee
Terry LongTrustee
John MckinneyCity Admin
Donn HoffmanFire Chief
Travis LittleSecretary
Keith CanfieldTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$124,355
Program Service Revenue
$0
Investment Income
$68,334
Other Revenue
$7,097
All Other Contributions
$15,730
Change in Net Assets
$7,340

Audited Revenue Reconciliation

Revenue per Audited Statements
$184,053
Revenue Not Reported on Financial Statements
$15,733
Revenue Not Reported on Form 990
$67,329
Total Revenue per Audited Statements
$251,382
Total Revenue per Form 990
$199,786
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,446
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
Benefits to Members$138,000--$138,000
Fees for Service Investment Mgmnt Fees-$15,733-$15,733
All Other Expenses-$2,218-$2,218
Conferences and Meetings-$2,143-$2,143
Other Expenses-$1,492-$1,492
Total Functional Expenses$138,000$54,446$0$192,446

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$194,282
Total Expenses per Form 990$192,446
Expenses per Audited Statements$176,713
Expenses Not Reported on Form 990$17,569
Expenses Not Reported on Financial Statements$15,733
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,166
Fundraising Direct Expenses$17,569
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Open House$18,940-$2,544-
Fish Frenzy Fishing Tournament$11,315$11,315$380$10,935
Total Events$40,956$22,016$16,047$5,969
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 2: Description of Business or Family Relationship of Officers, Directors, Et

Two members of the governing board are brothers.

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

Firefighters of the city of park rapids are members of the park rapids firefighters relief association.

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

The members of the association elect the governing body.

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
Park Rapids Firefighters Relief
EIN
41-6032720
Phone
2182520278
Address
PO BOX 63, PARK RAPIDS, MN 56470

Signing Officer

Name
Keith Canfield
Title
Treasurer
Signed
2018-06-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Zachary Deshayes
Formed
1918
Legal Domicile
Mn
Voting Board Members
6
Independent Board Members
0
Employees
0
Volunteers
30

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 $17569

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

Fundraising expenses $17569

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IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0ZACHARY DESHAYES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDED FINANCIAL SUPPORT FROM GENERAL FUND TO ORGANIZATIONS IN THE PARK RAPIDS AREA.
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0132889
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt031136
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt059790
IRS990/PYProgramServiceRevenueAmt09111
IRS990/PYRevenuesLessExpensesAmt0112346
IRS990/PYSalariesCompEmpBnftPaidAmt01000
IRS990/PYTotalExpensesAmt060790
IRS990/PYTotalRevenueAmt0173136
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt07340
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt062580
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0124355
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0142000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0111359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0118629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0113384
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0609727
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt068334
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt068334
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0500
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0500
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89860
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0609727
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0124355
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0142000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0111359
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0118629
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0113384
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0609727
IRS990ScheduleA/TotalSupportAmt0678561
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotReportedAmt017569
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt015733
IRS990ScheduleD/ExpensesSubtotalAmt0176713
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt015733
IRS990ScheduleD/InvestmentExpensesNotIncldAmt015733
IRS990ScheduleD/NetUnrealizedGainsInvstAmt049760
IRS990ScheduleD/OtherExpensesIncludedAmt017569
IRS990ScheduleD/OtherRevenueAmt017569
IRS990ScheduleD/RevenueNotReportedAmt067329
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt015733
IRS990ScheduleD/RevenueSubtotalAmt0184053
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDRAISING EXPENSES $17569
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING EXPENSES $17569
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/TotalExpensesPerForm990Amt0192446
IRS990ScheduleD/TotalRevenuePerForm990Amt0199786
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0251382
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0194282
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent2Amt07870
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt07870
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt018940
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt018940
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt016047
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01947
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01947
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OPEN HOUSE
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0FISH FRENZY FISHING TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0281
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt061
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt02824
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03166
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt018940
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt011315
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt010701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt040956
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt011315
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt010701
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022016
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt05969
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt0110
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt0110
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt030
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt02954
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt02544
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt0380
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TWO MEMBERS OF THE GOVERNING BOARD ARE BROTHERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FIREFIGHTERS OF THE CITY OF PARK RAPIDS ARE MEMBERS OF THE PARK RAPIDS FIREFIGHTERS RELIEF ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS OF THE ASSOCIATION ELECT THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY THE ASSOCIATION MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A COPY OF THE 990 IS PROVIDED TO THE BOARD FOR REVIEW AND APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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/ExplanationTxt6THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

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