Ghent Firemen's Relief Association
Nonprofit profile at a glance
- EIN
- 416036671
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2019
- Location
- Ghent, MN, USA
- Phone
- 5078299844
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fire Prevention
Reported finances
- Revenue
- $66,359
- Expenses
- $46,300
- Assets
- $531,997
- Liabilities
- $5,790
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- JASON MACKINNON (PRESIDENT)
Highest reported compensation
- STEVEN SUSSNER (TREASURER): $200 total reported compensation
- WILLIAM MAERTENS (SECRETARY): $125 total reported compensation
- JASON MACKINNON (PRESIDENT): $100 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of the ghent fire relief association is to administer the defined benefit pension plan established to provide retirement, short-term disability and death benefit payments for the firefighters of the city of ghent, mn.
What it reported doing in 2024
To provide retirement benefits to the volunteer firefighters.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Member-benefit provider. The nonprofit used 69% of its reported program spending for member benefits.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 81
- Accountability: 68
- Sustainability: 62
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 22
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 30.2%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 11.49; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 28; 28th percentile among comparable filings
- Officer compensation ratio: 1.1%; rating input score 20; 20th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 0.1% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 24 of 9 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $46K in reported program spending
- Leadership: top reported pay $200 · 9 people listed
- Consistency: 16 of 17 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 6 of 8 not reported.
- Moderate — Transparency & Controls: Independent members within voting members did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 20/100.
- High — Sustainability: Liabilities to assets ratio scored 28/100.