Hayfield Firemen
Nonprofit profile at a glance
- EIN
- 931063876
- IRS 990-EZ coverage
- 2019–2022
- Forms available
- Form 990 2018, Form 990-EZ 2022
- Location
- Hayfield, MN, USA
- Phone
- 5074773535
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $34,901
- Expenses
- $40,288
- Assets
- $13,422
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- PAUL O'BRIEN (CHIEF)
- CHRIS NELSON (ASST CHIEF)
- BRIAN BEYER (SEC/TREAS)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization is set up to fund the fire department to assist in buying equipment and offering training opportunities it also provides opportunities
What it reported doing in 2022
The organization also sends out letters to the community annually askingfor donations to support the fire department's programs andequipment needs. It also holds misc meal fund raisers
Operating model
- Revenue model
- Other-operating. 78% of the money available for current operations came from other operating revenue.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 20
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -15.4%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 0.33; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 19.3%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 45.1% per year; rating input score 100; 90th percentile among comparable filings
- Revenue growth: -7.8% per year; rating input score 0; 31st percentile among comparable filings
- Asset growth: -17.1% per year; rating input score 0; 11th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $57K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 5 of 6 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 4 filing years from 2019 to 2022
- Contacts: How to reach this organization
- Money network: 7 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 8/100.