MPublic Safety, Disaster Preparedness & ReliefEIN: 416080037· Ruling Year: 1998

Fairmont Firefighters Relief Association

Fairmont, Minnesota

AHealth Score
89A

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Excellent

💰
$386K
Total Revenue
📊
$123K
Total Expenses
🏦
$2.5M
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+38.9%
Year-over-year change (2022 → 2023)
Net Margin
+68.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
20.70
Net assets divided by total expenses
Liabilities-to-Assets
0.1%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$386,30239%$122,54049%$2,539,40225%
2022$278,1364%$241,3265%$2,027,37014%
2021$289,22435%$229,70131%$2,346,89016%
2020$214,45730%$333,901420%$2,021,6374%
2019$165,2055%$64,22871%$1,936,82325%
2018$173,66373%$223,92035%$1,544,3726%
2017$638,083189%$346,44010%$1,648,0182%
2016$220,4849%$315,362209%$1,611,5604%
2015$242,18413%$102,15649%$1,672,0735%
2014$279,84111%$199,7913%$1,588,5895%
2013$252,61026%$194,02554%$1,516,96312%
2012$200,36315%$422,711266%$1,349,0238%
2011$234,81466%$115,40670%$1,468,0086%
2010$141,214$382,231$1,378,504

Frequently Asked Questions

What does Fairmont Firefighters Relief Association do?

Fairmont Firefighters Relief Association is a public safety, disaster preparedness & relief nonprofit organization based in Minnesota. It is classified under NTEE code M24Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fairmont Firefighters Relief Association financially healthy?

Based on our 9-metric Financial Health Score model, Fairmont Firefighters Relief Association has a score of 89/100 (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 Fairmont Firefighters Relief Association generate?

Fairmont Firefighters Relief Association reports $326K in annual revenue and holds $2.7M in total assets, based on IRS filings.

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