Civic Intelligence

Henderson Fire Department Relief Association

990 • Fiscal year 2014 • EIN 41-6157157

Jan 01, 2014 to Dec 31, 2014 • Filed on Apr 22, 2015

PO Box 55Henderson, MN 56044

(507) 248-3556

Siviq Scores

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

Liabilities / Assets

42nd percentile

0.02x

Higher debt load relative to assets than 42% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

61st percentile

0.09x

Higher debt load relative to revenue than 61% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

97th percentile

79%

Higher net margin than 97% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

48th percentile

$650

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 1.1% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

57th percentile

4.8%

Faster asset growth than 57% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

84th percentile

42%

Faster revenue growth than 84% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Up

$280,108

Up $12,800 (+4.8%) from 2013

Net Assets

Up

$274,410

Up $42,218 (+18%) from 2013

Liabilities

Down

$5,698

Down $29,418 (-84%) from 2013

Revenue

Up

$61,482

Up $18,075 (+42%) from 2013

Expenses

Down

$12,990

Down $15,188 (-54%) from 2013

Net Income

Up

$48,492

Up $33,263 (+218%) from 2013

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $222,997Liabilities 2011: $119Net Assets 2011: $222,8782011Assets 2012: $206,248Liabilities 2012: $1,115Net Assets 2012: $205,1332012Assets 2013: $267,308Liabilities 2013: $35,116Net Assets 2013: $232,1922013Assets 2014: $280,108Liabilities 2014: $5,698Net Assets 2014: $274,4102014Assets 2015: $296,391Liabilities 2015: $5,958Net Assets 2015: $290,4332015Assets 2016: $278,619Liabilities 2016: $2,235Net Assets 2016: $276,3842016Assets 2017: $324,192Liabilities 2017: $2,700Net Assets 2017: $321,4922017Assets 2018: $332,450Liabilities 2018: $2,938Net Assets 2018: $329,5122018Assets 2019: $295,507Liabilities 2019: $3,059Net Assets 2019: $292,4482019Assets 2020: $374,136Liabilities 2020: $20,000Net Assets 2020: $354,1362020Assets 2021: $450,653Liabilities 2021: $18,843Net Assets 2021: $431,8102021Assets 2022: $417,247Liabilities 2022: $2,196Net Assets 2022: $415,0512022Assets 2023: $483,586Liabilities 2023: $3,463Net Assets 2023: $480,1232023Assets 2024: $626,107Liabilities 2024: $6,012Net Assets 2024: $620,0952024

Highlighted filing

2014

Assets$280,108
Liabilities$5,698
Net Assets$274,410

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $55,076Expenses 2011: $39,261Net Income 2011: $15,8152011Revenue 2012: $40,670Expenses 2012: $67,612Net Income 2012: -$26,9422012Revenue 2013: $43,407Expenses 2013: $28,178Net Income 2013: $15,2292013Revenue 2014: $61,482Expenses 2014: $12,990Net Income 2014: $48,4922014Revenue 2015: $43,008Expenses 2015: $13,907Net Income 2015: $29,1012015Revenue 2016: $49,754Expenses 2016: $78,312Net Income 2016: -$28,5582016Revenue 2017: $47,404Expenses 2017: $22,892Net Income 2017: $24,5122017Revenue 2018: $70,423Expenses 2018: $41,235Net Income 2018: $29,1882018Revenue 2019: $1,141Expenses 2019: $70,233Net Income 2019: -$69,0922019Revenue 2020: $89,492Expenses 2020: $46,636Net Income 2020: $42,8562020Revenue 2021: $171,148Expenses 2021: $119,833Net Income 2021: $51,3152021Revenue 2022: $118,856Expenses 2022: $76,693Net Income 2022: $42,1632022Revenue 2023: $132,462Expenses 2023: $82,605Net Income 2023: $49,8572023Revenue 2024: $238,788Expenses 2024: $126,706Net Income 2024: $112,0822024

Highlighted filing

2014

Revenue$61,482
Expenses$12,990
Net Income$48,492
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Apr 22, 2015
Return Version
2014v5.0
Gross Receipts
$646,952
Mission and Program Overview

Mission

See Part I, Line 1

To provide retirement benefits to volunteer firefighters

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$143,638$181,218▲ $37,580
Savings and Temporary Cash Investments$75,154$56,770▼ $18,384
Cash and Non-Interest-Bearing Accounts$38,838$40,643▲ $1,805
Pledges and Grants Receivable$9,232$1,000▼ $8,232
Total Assets$267,308$280,108▲ $12,800
Other Assets Total$446$477▲ $31
Liabilities
Accounts Payable and Accrued Expenses$34,000$5,000▼ $29,000
Other Liabilities$1,116$698▼ $418
Total Liabilities$35,116$5,698▼ $29,418
Net Assets / Fund Balance
Temporarily Rstr Net Assets$214,729$244,664▲ $29,935
Unrestricted Net Assets$17,463$29,746▲ $12,283
Total Net Assets Fund Balance$232,192$274,410▲ $42,218
Total Liabilities and Net Assets / Fund Balance$267,308$280,108▲ $12,800
Compensation and Service Providers

Employees

NameTitleBaseTotal
Randall TiegsTreasurer$650$650
Susan PhillipsSecretary$650$650
Greg GrahamPresident$150$150
Dana SchaferVice President$100$100

Board Members and Trustees

NameTitle
Brandon PhillipsEx-officio Trustee
Lon BerberichEx-officio Trustee
Paul MenneEx-officio Trustee
Adam ConradTrustee
Bryan PetzelTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$34,874
Program Service Revenue
$0
Investment Income
$15,675
Other Revenue
$10,933
All Other Contributions
$885
Change in Net Assets
$48,492
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$11,440
Salaries, Compensation, and Employee Benefits$1,550
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting$3,293--$3,293
Conferences and Meetings-$2,786-$2,786
Fees for Service Investment Mgmnt Fees$1,594--$1,594
Current Officers, Directors, Trustees, and Key Employees$1,550--$1,550
Office Expenses-$705-$705
Advertising-$180-$180
Other Expenses-$115-$115
Total Functional Expenses$6,437$6,553$0$12,990
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$562,470
Gaming Direct Expenses$551,632
Fundraising Gross Income$9,461
Fundraising Direct Expenses$9,366
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Hamburger Stand$14,227$7,227$7,659$-432
Total Events$14,227$7,227$7,659$-432
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Gambling Taxes Payable$698
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 1

Four board members were compensated as officers and were therefore not independent

Form 990, Part VI, Section A, Line 6

The association is comprised of members of the volunteer fire department

Form 990, Part VI, Section A, Line 7A

The members elect the members of the governing body

Form 990, Part VI, Section A, Line 7B

Decisions affecting investments, bylaws, etc are approved by the members

Form 990, Part VI, Section B, Line 11

Form 990 is provided to the association's board of directors for review. After review it is made available to the members for their review.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is reviewed annually by the association's board members for any necessary changes.

Form 990, Part VI, Section C, Line 19

The association makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Henderson Fire Department Relief Association
EIN
41-6157157
Phone
5072483556
Address
PO BOX 55, HENDERSON, MN 56044

Signing Officer

Name
Greg Graham
Title
President
Phone
5072483556
Signed
2015-04-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Greg Graham
Formed
1920
Legal Domicile
Mn
Voting Board Members
9
Independent Board Members
5
Employees
0
Volunteers
19

Preparer

Firm
Abdo Eick & Meyers Llp
Address
100 WARREN ST SUITE 600, MANKATO, MN 56001
Preparer
Thomas J Olinger CPA
Phone
5076252727
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The board of directors assumes responsibility for oversight of the audit

Raw XML AppendixShowing 400 of 433 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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IRS990ScheduleA/TotalSupportAmt0261025
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt010467
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt0-3836
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt0-418
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt0149
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt01508
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt07870
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0698
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0GAMBLING TAXES PAYABLE
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalLiabilityAmt0698
IRS990ScheduleG/CharitableDistributionRqrInd01
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/DistributedAmt026107
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt07000
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt07000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt07659
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0HAMBURGER STAND
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt014227
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt014227
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt07227
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt07227
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-432
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07659
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt07659
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt01113
IRS990ScheduleG/GamingInformationGrp/CashPrizesPullTabsAmt0476565
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt0477678
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0551632
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt01484
IRS990ScheduleG/GamingInformationGrp/GrossRevenuePullTabsAmt0560986
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt0562470
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt010838
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt057010
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesPullTabsAmt057010
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsPullTabsAmt016944
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt016944
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd00
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd00
IRS990ScheduleG/GamingManagerCompensationAmt03850
IRS990ScheduleG/GamingManagerIsEmployeeInd0X
IRS990ScheduleG/GamingManagerPersonNm0SUSAN PHILLIPS
IRS990ScheduleG/GamingManagerServicesProvTxt0GAMBLING MANAGER COMPENSATION
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd01
IRS990ScheduleG/IndividualWithBooksNm0SUSAN PHILLIPS
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0122 N 3RD ST
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0HENDERSON
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0MN
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd056044
IRS990ScheduleG/StatesWhereGamingConductedCd0MN
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOUR BOARD MEMBERS WERE COMPENSATED AS OFFICERS AND WERE THEREFORE NOT INDEPENDENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ASSOCIATION IS COMPRISED OF MEMBERS OF THE VOLUNTEER FIRE DEPARTMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS ELECT THE MEMBERS OF THE GOVERNING BODY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DECISIONS AFFECTING INVESTMENTS, BYLAWS, ETC ARE APPROVED BY THE MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990 IS PROVIDED TO THE ASSOCIATION'S BOARD OF DIRECTORS FOR REVIEW. AFTER REVIEW IT IS MADE AVAILABLE TO THE MEMBERS FOR THEIR REVIEW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY THE ASSOCIATION'S BOARD MEMBERS FOR ANY NECESSARY CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ASSOCIATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD OF DIRECTORS ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MN
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0214729
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt0244664
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0267308
IRS990/TotalAssetsEOYAmt0280108
IRS990/TotalAssetsGrp/BOYAmt0267308
IRS990/TotalAssetsGrp/EOYAmt0280108
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt034874
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt06553
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt06437
IRS990/TotalFunctionalExpensesGrp/TotalAmt012990
IRS990/TotalGrossUBIAmt010467
IRS990/TotalLiabilitiesBOYAmt035116
IRS990/TotalLiabilitiesEOYAmt05698
IRS990/TotalLiabilitiesGrp/BOYAmt035116
IRS990/TotalLiabilitiesGrp/EOYAmt05698
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0232192
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0274410
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt06437
IRS990/TotalReportableCompFromOrgAmt01550
IRS990/TotalRevenueGrp/ExclusionAmt016141
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt061482
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt010467
IRS990/TotalVolunteersCnt019
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0267308
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0280108
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt017463
IRS990/UnrestrictedNetAssetsGrp/EOYAmt029746
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 55
IRS990/USAddress/CityNm0HENDERSON

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.$6.26$0.06$6.20$2.39$1.27$1.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.84$0.03$4.80$1.32$0.83$0.50
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.17$0.02$4.15$1.19$0.77$0.42
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.51$0.19$4.32$1.71$1.20$0.51
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.74$0.20$3.54$0.89$0.47$0.43
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.96$0.03$2.92$0.01$0.70$0.69
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.32$0.03$3.30$0.70$0.41$0.29
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.24$0.03$3.21$0.47$0.23$0.25
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.79$0.02$2.76$0.50$0.78$0.29
2015Detailed filing. Detailed filing data is available for this year.$2.96$0.06$2.90$0.43$0.14$0.29
2014Detailed filing. Detailed filing data is available for this year.$2.80$0.06$2.74$0.61$0.13$0.48
2013Detailed filing. Detailed filing data is available for this year.$2.67$0.35$2.32$0.43$0.28$0.15
2012Summary only. Only limited summary data is available for this year.$2.06$0.01$2.05$0.41$0.68$0.27
2011Summary only. Only limited summary data is available for this year.$2.23$0.00$2.23$0.55$0.39$0.16
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2014 filings • 501(c)3 • $500k-$1M nonprofits