Eagle Lake Fire Department Relief Association
Eagle Lake Fire Department Relief Association: Strong Reserves, Low Expenses
EIN: 222977066 · Eagle Lake, MN · Updated: 2026-04-04
Is Eagle Lake Fire Department Relief Association Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eagle Lake Fire Department Relief Association directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eagle Lake Fire Department Relief Association
Eagle Lake Fire Department Relief Association (EIN: 222977066) is a nonprofit organization based in Eagle Lake, MN. The organization reported total revenue of $2.2M and total assets of $577K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eagle Lake Fire Department Relief Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Eagle Lake Fire Department Relief Association with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Eagle Lake Fire Department Relief Association allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or minimal-overhead operational structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Eagle Lake Fire Department Relief Association:
- Consistently low administrative and fundraising expenses, often 0%.
- Strong asset base relative to annual revenue, indicating good financial health.
- Consistent revenue generation over multiple years.
- Zero reported executive compensation, suggesting efficient use of funds.
Frequently Asked Questions about Eagle Lake Fire Department Relief Association
Is Eagle Lake Fire Department Relief Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Eagle Lake Fire Department Relief Association (EIN: 222977066) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Eagle Lake Fire Department Relief Association spend its money?
Eagle Lake Fire Department Relief Association directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Eagle Lake Fire Department Relief Association tax-deductible?
Eagle Lake Fire Department Relief Association is registered as a tax-exempt nonprofit (EIN: 222977066). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Eagle Lake Fire Department Relief Association do?
Eagle Lake Fire Department Relief Association is a nonprofit organization in the Unknown sector, located in Eagle Lake, Minnesota. It is classified under NTEE code Unknown.
How much revenue does Eagle Lake Fire Department Relief Association have?
Eagle Lake Fire Department Relief Association reported total revenue of $2,177,920. Based on 13 IRS 990 filings on record.
What are Eagle Lake Fire Department Relief Association's total assets?
Eagle Lake Fire Department Relief Association holds total assets of $577,376 as reported in IRS 990 filings.
Where is Eagle Lake Fire Department Relief Association located?
Eagle Lake Fire Department Relief Association is based in Eagle Lake, Minnesota.
What is Eagle Lake Fire Department Relief Association's EIN?
Eagle Lake Fire Department Relief Association's Employer Identification Number (EIN) is 222977066. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Eagle Lake Fire Department Relief Association?
Eagle Lake Fire Department Relief Association is classified under NTEE code Unknown (Unknown).
Is Eagle Lake Fire Department Relief Association a registered 501(c)(3)?
Eagle Lake Fire Department Relief Association appears in IRS records (EIN: 222977066). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Eagle Lake Fire Department Relief Association file IRS Form 990?
Yes, Eagle Lake Fire Department Relief Association has 13 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Eagle Lake Fire Department Relief Association's revenue in 2022?
In the 202212 filing period, Eagle Lake Fire Department Relief Association reported total revenue of $122,673, total expenses of $73,913, and net assets of $496,785.
Is Eagle Lake Fire Department Relief Association's revenue growing or declining?
Eagle Lake Fire Department Relief Association's revenue is declining. Revenue went from $181,898 (202112) to $122,673 (202212), a -32.6% change. Based on 13 filings on record.
What is Eagle Lake Fire Department Relief Association's most recent 990 filing?
The most recent IRS Form 990 filing for Eagle Lake Fire Department Relief Association covers tax period 202212. It shows revenue of $122,673, expenses of $73,913, total assets of $496,785, and liabilities of $1,629.
How much does Eagle Lake Fire Department Relief Association spend on programs vs administration?
Based on IRS 990 analysis, Eagle Lake Fire Department Relief Association allocates approximately 95% of expenses to program services, 5% to administrative costs, and 0% to fundraising. This indicates strong program focus.
Is Eagle Lake Fire Department Relief Association a trustworthy charity?
Based on AI analysis of IRS 990 data, Eagle Lake Fire Department Relief Association appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Eagle Lake Fire Department Relief Association's strengths?
Positive indicators for Eagle Lake Fire Department Relief Association include: Consistently low administrative and fundraising expenses, often 0%.. Strong asset base relative to annual revenue, indicating good financial health.. Consistent revenue generation over multiple years.. Zero reported executive compensation, suggesting efficient use of funds.. These findings are derived from AI analysis of the organization's financial filings.
How does Eagle Lake Fire Department Relief Association compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led or minimal-overhead operational structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Relief Association' designation and minimal expenses, what specific activities or benefits does the organization provide to its members or community?
The filings indicate the primary function is likely to provide pension or relief benefits to volunteer firefighters, as suggested by the 'Relief Association' name and the nature of their expenses (e.g., 'other expenses' rather than program service expenses in the traditional sense for public charities).
With assets significantly exceeding annual revenue (e.g., $577,376 in assets vs. $217,792 in revenue in 2022), how does the organization manage its investment strategy and ensure these funds are optimally utilized for its mission?
The substantial asset base suggests a focus on long-term financial stability and potentially investment income to support future relief obligations. The filings do not detail specific investment strategies, but the growth in assets indicates effective management of accumulated funds.
Filing History
IRS 990 filing history for Eagle Lake Fire Department Relief Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2010–2022), Eagle Lake Fire Department Relief Association's revenue has grown by 56.5%, moving from $78K to $123K. Total assets increased by 43.8% over the same period, from $346K to $497K. Total functional expenses rose by 83.4%, from $40K to $74K. In its most recent filing year (2022), Eagle Lake Fire Department Relief Association reported a surplus of $49K, with revenue exceeding expenses. The organization holds $2K in liabilities against $497K in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $495K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2022 | $123K | $74K | $497K | $2K | — | View 990 |
| 2021 | $182K | $190K | $448K | $1K | — | View 990 |
| 2020 | $51K | $68K | $456K | $1K | — | View 990 |
| 2019 | $51K | $15K | $472K | $0 | — | View 990 |
| 2018 | $53K | $92K | $436K | $0 | — | View 990 |
| 2017 | $37K | $11K | $469K | $0 | — | — |
| 2016 | $49K | $9K | $442K | $0 | — | View 990 |
| 2015 | $29K | $5K | $390K | $0 | — | View 990 |
| 2014 | $58K | $18K | $366K | $861 | — | View 990 |
| 2013 | $48K | $68K | $326K | $352 | — | View 990 |
| 2012 | $38K | $9K | $346K | $490 | — | View 990 |
| 2011 | $78K | $107K | $317K | $324 | — | View 990 |
| 2010 | $78K | $40K | $346K | $22 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $123K, expenses of $74K, and assets of $497K (revenue -32.6% year-over-year).
- 2021: Revenue of $182K, expenses of $190K, and assets of $448K (revenue +258.8% year-over-year).
- 2020: Revenue of $51K, expenses of $68K, and assets of $456K (revenue -0.9% year-over-year).
- 2019: Revenue of $51K, expenses of $15K, and assets of $472K (revenue -3.7% year-over-year).
- 2018: Revenue of $53K, expenses of $92K, and assets of $436K (revenue +42.3% year-over-year).
- 2017: Revenue of $37K, expenses of $11K, and assets of $469K (revenue -23.6% year-over-year).
- 2016: Revenue of $49K, expenses of $9K, and assets of $442K (revenue +67.9% year-over-year).
- 2015: Revenue of $29K, expenses of $5K, and assets of $390K (revenue -49.8% year-over-year).
- 2014: Revenue of $58K, expenses of $18K, and assets of $366K (revenue +21.9% year-over-year).
- 2013: Revenue of $48K, expenses of $68K, and assets of $326K (revenue +25.8% year-over-year).
- 2012: Revenue of $38K, expenses of $9K, and assets of $346K (revenue -51.6% year-over-year).
- 2011: Revenue of $78K, expenses of $107K, and assets of $317K (revenue -0.3% year-over-year).
- 2010: Revenue of $78K, expenses of $40K, and assets of $346K.
Data Sources and Methodology
This transparency report for Eagle Lake Fire Department Relief Association is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.