Kasota Fire Department Relief Association
EIN: 416037016 · Kasota, MN · NTEE: M11
| Metric | Value |
|---|---|
| Total Revenue | $156K |
| Total Expenses | $62K |
| Net Assets | $992K |
Is Kasota Fire Department Relief Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kasota Fire Department Relief Association
Kasota Fire Department Relief Association (EIN: 416037016) is a nonprofit organization based in Kasota, MN, classified under NTEE code M11. The organization reported total revenue of $156K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kasota Fire Department Relief Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kasota Fire Department Relief Association is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $184K |
| Total Expenses | $62K |
| Surplus / Deficit | +$123K |
| Total Assets | $992K |
| Net Assets | $992K |
| Operating Margin | 66.6% |
| Months of Reserves | 193.4 months |
Financial Health Grade: A
In 2023, Kasota Fire Department Relief Association reported a surplus of $123K with revenue exceeding expenses, holds 193.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Kasota Fire Department Relief Association's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -116.7% | -20.4% | -10.5% |
| 2021 | +169.8% | +872.3% | +11.2% |
| 2020 | +7.0% | -60.6% | +16.0% |
| 2019 | -28.6% | -71.2% | +18.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kasota Fire Department Relief Association has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Kasota Fire Department Relief Association with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $123K, with revenue exceeding expenses.
Frequently Asked Questions about Kasota Fire Department Relief Association
Is Kasota Fire Department Relief Association a legitimate charity?
Kasota Fire Department Relief Association (EIN: 416037016) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $156K. No red flags identified. Financial health grade: A.
How does Kasota Fire Department Relief Association spend its money?
Kasota Fire Department Relief Association reported $156K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kasota Fire Department Relief Association tax-deductible?
Kasota Fire Department Relief Association is registered as a tax-exempt nonprofit (EIN: 416037016). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kasota Fire Department Relief Association located?
Kasota Fire Department Relief Association is headquartered in Kasota, Minnesota and files with the IRS under EIN 416037016. It is classified under NTEE code M11.
How many years of IRS 990 filings does Kasota Fire Department Relief Association have?
Kasota Fire Department Relief Association has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $156K in total revenue.
Filing History
IRS 990 filing history for Kasota Fire Department Relief Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kasota Fire Department Relief Association's revenue has grown by 387.9%, moving from $38K to $184K. Total assets increased by 181.2% over the same period, from $353K to $992K. Total functional expenses fell by 49.9%, from $123K to $62K. In its most recent filing year (2023), Kasota Fire Department Relief Association reported a surplus of $123K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $184K | $62K | $992K | $0 | — | View 990 |
| 2022 | $-28,059 | $66K | $874K | $4K | — | View 990 |
| 2021 | $168K | $83K | $976K | $13K | — | View 990 |
| 2020 | $62K | $9K | $878K | $0 | — | — |
| 2019 | $58K | $22K | $757K | $3K | — | View 990 |
| 2018 | $82K | $75K | $639K | $0 | — | View 990 |
| 2017 | $143K | $32K | $689K | $0 | — | View 990 |
| 2016 | $85K | $47K | $577K | $0 | — | View 990 |
| 2015 | $41K | $10K | $549K | $0 | — | View 990 |
| 2014 | $71K | $38K | $517K | $0 | — | View 990 |
| 2013 | $121K | $25K | $485K | $544 | — | View 990 |
| 2012 | $48K | $49K | $388K | $172 | — | View 990 |
| 2011 | $38K | $123K | $353K | $11 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $184K, expenses of $62K, and assets of $992K.
- 2022: Revenue of $-28,059, expenses of $66K, and assets of $874K (revenue -116.7% year-over-year).
- 2021: Revenue of $168K, expenses of $83K, and assets of $976K (revenue +169.8% year-over-year).
- 2020: Revenue of $62K, expenses of $9K, and assets of $878K (revenue +7.0% year-over-year).
- 2019: Revenue of $58K, expenses of $22K, and assets of $757K (revenue -28.6% year-over-year).
- 2018: Revenue of $82K, expenses of $75K, and assets of $639K (revenue -43.1% year-over-year).
- 2017: Revenue of $143K, expenses of $32K, and assets of $689K (revenue +68.3% year-over-year).
- 2016: Revenue of $85K, expenses of $47K, and assets of $577K (revenue +106.1% year-over-year).
- 2015: Revenue of $41K, expenses of $10K, and assets of $549K (revenue -41.8% year-over-year).
- 2014: Revenue of $71K, expenses of $38K, and assets of $517K (revenue -41.2% year-over-year).
- 2013: Revenue of $121K, expenses of $25K, and assets of $485K (revenue +151.0% year-over-year).
- 2012: Revenue of $48K, expenses of $49K, and assets of $388K (revenue +27.5% year-over-year).
- 2011: Revenue of $38K, expenses of $123K, and assets of $353K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kasota Fire Department Relief Association:
Data Sources and Methodology
This transparency report for Kasota 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.