M โ€” Public Safety, Disaster Preparedness & ReliefEIN: 411472326ยท Ruling Year: 2017

Gnesen Volunteer Fire Department Inc

Duluth, Minnesota

B+Health Score
73B+

Financial Health Score

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

Good

๐Ÿ’ฐ
$292K
Total Revenue
๐Ÿ“Š
$192K
Total Expenses
๐Ÿฆ
$1.1M
Net Assets
๐Ÿ“‹
$121K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+142.1%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+34.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.49
Net assets divided by total expenses
Liabilities-to-Assets
10.3%
Total liabilities as % of total assets

Filing History

3 filings on record
YearRevenueExpensesAssets
2023$291,786โ†‘142%$191,564โ†‘24%$1,172,155โ†‘6%
2022$120,499โ†“41%$154,466โ†“8%$1,104,300โ†“4%
2021$203,058$167,599$1,146,329

Frequently Asked Questions

What does Gnesen Volunteer Fire Department Inc do?โ–ผ

Gnesen Volunteer Fire Department 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 Gnesen Volunteer Fire Department Inc financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Gnesen Volunteer Fire Department Inc has a score of 73/100 (Grade: B+). 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 Gnesen Volunteer Fire Department Inc generate?โ–ผ

Gnesen Volunteer Fire Department Inc reports $146K in annual revenue and holds $1.1M in total assets, based on IRS filings.

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Gnesen Volunteer Fire Department Inc โ€” Duluth, MN | GiveScope