Z โ€” UnclassifiedEIN: 411468749ยท Ruling Year: 1986

Forada Volunteer Firemens Relief Association

Alexandria, Minnesota

AHealth Score
86A

Financial Health Score

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

Excellent

๐Ÿ’ฐ
$20K
Total Revenue
๐Ÿ“Š
$26K
Total Expenses
๐Ÿฆ
$100K
Net Assets
๐Ÿ“‹
$592
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-42.2%
Year-over-year change (2022 โ†’ 2023)
Net Margin
-29.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.89
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$19,883โ†“42%$25,797โ†‘43%$100,964โ†“5%
2022$34,379โ†‘98%$18,016โ†‘41%$106,408โ†“11%
2021$17,398โ†“16%$12,807โ†‘18%$120,040โ†‘41%
2020$20,790โ†‘16%$10,841โ†“2%$85,332โ†‘13%
2019$17,959โ†‘59%$11,078โ†“33%$75,383โ†‘10%
2018$11,306โ†“36%$16,585โ†‘191%$68,502โ†“7%
2017$17,598โ†‘82%$5,701โ†“51%$73,781โ†‘19%
2016$9,660โ†“80%$11,630โ†“97%$61,884โ†“3%
2015$48,574โ†“19%$444,554โ†‘4756%$63,854โ†“86%
2014$59,841โ†“64%$9,154โ†“89%$460,231โ†‘12%
2013$164,568โ†‘71%$85,367โ†‘10%$409,987โ†‘24%
2012$96,393โ†‘57%$77,577โ†‘109%$331,516โ†‘7%
2011$61,434$37,132$311,202

Frequently Asked Questions

What does Forada Volunteer Firemens Relief Association do?โ–ผ

Forada Volunteer Firemens Relief Association is a unclassified nonprofit organization based in Minnesota. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Forada Volunteer Firemens Relief Association financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Forada Volunteer Firemens Relief Association has a score of 86/100 (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 Forada Volunteer Firemens Relief Association generate?โ–ผ

Forada Volunteer Firemens Relief Association reports $32K in annual revenue and holds $119K in total assets, based on IRS filings.

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Forada Volunteer Firemens Relief Association โ€” Alexandria, MN | GiveScope