Loretto Volunteer Fire Dept Inc
Loretto, Minnesota
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Very Good
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $844,086โ25% | $1,021,898โ84% | $2,289,069โ89% | โ |
| 2022 | $675,460โ7% | $555,906โ3% | $1,209,351โ13% | โ |
| 2021 | $632,158โ7% | $571,580โ8% | $1,072,945โ2% | โ |
| 2020 | $590,494โ5% | $529,738โ13% | $1,098,768โ1% | โ |
| 2019 | $560,375โ10% | $469,597โ17% | $1,114,015โ4% | โ |
| 2018 | $509,184โ1% | $565,804โ16% | $1,156,057โ7% | โ |
| 2017 | $504,568โ5% | $488,432โ5% | $1,245,537โ70% | โ |
| 2016 | $482,502โ6% | $465,495 | $733,363โ2% | โ |
| 2015 | $455,998โ8% | $467,670โ5% | $745,307โ5% | โ |
| 2014 | $422,529โ5% | $443,510โ13% | $785,371โ6% | โ |
| 2013 | $400,870โ1% | $507,977โ15% | $831,381โ13% | โ |
| 2012 | $396,497โ8% | $443,337โ11% | $951,413โ47% | โ |
| 2011 | $365,670 | $400,007 | $649,136 | โ |
Frequently Asked Questions
What does Loretto Volunteer Fire Dept Inc do?โผ
Loretto Volunteer Fire Dept Inc is a public safety, disaster preparedness & relief nonprofit organization based in Minnesota. It is classified under NTEE code M24 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Loretto Volunteer Fire Dept Inc financially healthy?โผ
Based on our 9-metric Financial Health Score model, Loretto Volunteer Fire Dept Inc has a score of 79/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does Loretto Volunteer Fire Dept Inc generate?โผ
Loretto Volunteer Fire Dept Inc reports $1.2M in annual revenue and holds $2.4M in total assets, based on IRS filings.
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