Walker Volunteer Firemen's Relief

Walker, MNUnknown exempt organization EIN 36-3589103Revenue $257K in FY2024

On file with the IRSPo Box 1492 · Walker, MN

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Provide retirement benefits to Volunteer firefighters of the Walker area joint fire department.

85¢ of each $1 spent went to programs.
Run by 24 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $68K a year · 32% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
85%
of spending
Looks good: 85% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
2 mo
of spending, in cash
Plus $2.2M in investments, Pt X · Ln 11–13
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$44K
2% of total assets
Looks good: liabilities are 2% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$257K
+30% vs prior year
Spent
$319K
To programs
85%
Net assets
$2.2M
By yearFY2020–FY2024
Revenue
$257K
FY2024▲ +30%
Tap a bar for its year
Revenue by fiscal year
FY2020$165K
FY2021$231K
FY2022$216K
FY2023$197K
FY2024$257K
Expenses
$319K
FY2024▲ +805%
Tap a bar for its year
Expenses by fiscal year
FY2020$99K
FY2021$63K
FY2022$206K
FY2023$35K
FY2024$319K
Net assets
$2.2M
FY2024▲ +5%
Tap a bar for its year
Net assets by fiscal year
FY2020$1.7M
FY2021$2.1M
FY2022$1.7M
FY2023$2.1M
FY2024$2.2M

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

85 cents of each dollar spent went to programs.

Program services 85% · $271K Management & general 15% · $48K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
See Walker Volunteer Firemen's Relief executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Provides retirement benefits to volunteer firefighters.

Questions for Walker Volunteer Firemen's Relief

Tap to ask. Walker Volunteer Firemen's Relief sees how many people are interested.

Your first name shows with your question. Walker Volunteer Firemen's Relief answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $271K · in their own filed words · FY2024
01

The association accumulates funds for the retirement benefits for its volunteer members.

$271Kprogram expense

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$257K
Ln 12
Investment incomeLn 3$134K
Gifts and grantsLn 1h$88K
Other incomeLn 4–11$35K
Money outPt IX
$319K
Ln 25
Programscol B$271K
Managementcol C$48K
Owns and owesPt X
$2.2M
net assets · Ln 32
Cash and savingsLn 1–2$56K
Total assetsLn 16$2.2M
LiabilitiesLn 26$44K
PeoplePt VI, VII
9
listed · VII A
PaidVII A0
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$88K
Government grantsLn 1e$84K
Investment incomeLn 3$134K
Other incomeLn 4–11$35K
Total revenueLn 12$257K
Assets in detailPt X, end of year
CashLn 1$56K
Cash and savings togetherLn 1–2$56K
InvestmentsLn 11–13$2.2M
Total assetsLn 16$2.2M
LiabilitiesLn 26$44K
Net assetsLn 32$2.2M
OperationsPt I, VI
EmployeesI 51
VolunteersI 624
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$58K$56K
InvestmentsLn 11–13$2.0M$2.2M
Total assetsLn 16$2.1M$2.2M
LiabilitiesLn 26$3K$44K
Net assetsLn 32$2.1M$2.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Benefits paid to or for membersLn 4$271K$271K
Accounting feesLn 11c$12K$12K
Investment management feesLn 11f$9K$9K
Office expensesLn 13$2K$2K
Conferences, conventions and meetingsLn 19$8K$8K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$17K$17K
Total functional expensesLn 25$319K$271K$48K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $257K$319K−$62K$2.2M 990 PDF
FY2023 $197K$35K$162K$2.1M 990 PDF
FY2022 $216K$206K$9K$1.7M 990 PDF
FY2021 $231K$63K$167K$2.1M 990 PDF
FY2020 $165K$99K$66K$1.7M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2024 990 (6 parts)
Part I · Summary $256,895 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $83,205$87,799
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $78,541$133,905
I-11 Other revenuePrior year $35,677$35,191
I-12 Total revenuePrior year $197,423$256,895
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $300$271,420
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $34,979$47,954
I-18 Total expensesPrior year $35,279$319,374
I-19 Revenue less expensesPrior year $162,144−$62,479
Part VI · Governance 9 of 9 board members independent, 4 to look at
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $256,895 across 7 lines filed
VIII-1e Government grants$83,680
VIII-1f All other contributions, gifts and grants$4,119
VIII-1h Total contributions, gifts and grants$87,799
VIII-3 Investment incomeExcluded from tax $133,905$133,905
VIII-8 Net income from fundraising eventsExcluded from tax $34,671$34,671
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $520$520
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $169,096$256,895
Part IX · Statement of functional expenses $319,374 across 7 lines filed
IX-4 Benefits paid to or for membersPrograms $271,420$271,420
IX-11c Accounting feesManagement $11,871$11,871
IX-11f Investment management feesManagement $8,831$8,831
IX-13 Office expensesManagement $1,712$1,712
IX-19 Conferences, conventions and meetingsManagement $7,739$7,739
IX-23 InsuranceManagement $1,250$1,250
IX-24 Other expenses (24a–d)Management $16,551$16,551
IX-25 Total functional expensesPrograms $271,420 · Management $47,954 · Fundraising $0$319,374
Part X · Balance sheet $2,226,164 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $58,152$55,597
X-4 Accounts receivable$3,000
X-11 Publicly traded securitiesStart of year $2,017,747$2,167,567
X-16 Total assetsStart of year $2,075,899$2,226,164
X-17 Accounts payable and accrued expensesStart of year $3,169$44,446
X-26 Total liabilitiesStart of year $3,169$44,446
X-32 Total net assets or fund balancesStart of year $2,072,730$2,181,718
X-33 Total liabilities and net assetsStart of year $2,075,899$2,226,164
Part XI · Reconciliation of net assets $2,181,718 net assets at year end
XI-1 Total revenue$256,895
XI-2 Total expenses$319,374
XI-3 Revenue less expenses−$62,479
XI-4 Net assets at start of year$2,072,730
XI-5 Net unrealized gains (losses) on investments$171,467
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,181,718

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.