CSCharityScored
72

Garfield Farmers Mutual Fire Insurance Company

Other · Fertile, Minnesota

Po Box 116, Fertile, MN 56540-0116

EIN: 410271805· Founded: Feb 1988· 38 years active· Filing Year: 2023

Annual Revenue

$224K

Total Expenses

$240K

Total Assets

$919K

Program Spending

84%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$42K

17.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$20K

Total Payroll

$61K

25% of total expenses

Where the Money Goes

84%
Programs: 84%
Payroll: 25%
Other overhead: 16%
Program Revenue$203K (90%)
Total Expenses$240K (100%)
Payroll$61K (25%)
Overhead (non-program)16%

Trust Score Breakdown

Program Spending Ratio

84% of expenses go to programs

40%

Revenue & Stability

$224K annual revenue

15%

Executive Compensation

$42K total officer comp (17.3% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$919K in assets

10%

Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.