Waubun Firemen's Relief Association
Nonprofit profile at a glance
- EIN
- 300836880
- IRS 990-EZ coverage
- 2017–2024
- Forms available
- Form 990 2019, Form 990-EZ 2024, Form 990-N 2015
- Location
- Waubun, MN, USA
- Phone
- 2184732100
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fire Prevention
Reported finances
- Revenue
- $59,897
- Expenses
- $59,550
- Assets
- $213,757
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- CORY BERRY (PRESIDENT)
People named in this filing
- CORY BERRY (PRESIDENT)
- DAN HAIDER (PAST-PRESIDE)
- JESSE LINDSEY (VICE PRESIDE)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide retirement, disability, and survivor benefits to volunteer fire firefighters associated with the waubun, mn fire department.
What it reported doing in 2024
Provided financial support from the general fund to the city of waubun, mn for the purchase of firefighting equipment
Operating model
- Revenue model
- Other-operating. 69% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 100
- Sustainability: 52
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.9%; rating input score 78
- Program expense ratio: 77.1%; rating input score 77
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 0.6%; rating input score 47; 47th percentile among comparable filings
- Total-asset coverage ratio: 3.59; rating input score 78; 78th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 13.2% per year; rating input score 100; 76th percentile among comparable filings
- Revenue growth: -4.6% per year; rating input score 0; 35th percentile among comparable filings
- Asset growth: -2.8% per year; rating input score 0; 29th percentile among comparable filings
Details
- Where the money goes: 77.9% of revenue deployed · 77.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $46K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2017 to 2024
- Contacts: How to reach this organization
- 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 — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 47/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.