CSCharityScored
80

Vernon Edda Mutual Fire Ins Co

Other · Hayfield, Minnesota

25167 720Th St, Hayfield, MN 55940-8759

EIN: 410592872· Founded: Dec 1939· 87 years active· Filing Year: 2023

Annual Revenue

$348K

Total Expenses

$191K

Total Assets

$2.4M

Program Spending

129%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$14K

7.2% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$41K

Total Payroll

$55K

29% of total expenses

Where the Money Goes

100%
Programs: 100%
Payroll: 29%
Other overhead: -29%
Program Revenue$246K (71%)
Total Expenses$191K (55%)
Payroll$55K (29%)
Overhead (non-program)-29%

Trust Score Breakdown

Program Spending Ratio

129% of expenses go to programs

40%

Revenue & Stability

$348K annual revenue

15%

Executive Compensation

$14K total officer comp (7.2% of expenses)

20%

Filing Recency

Most recent filing: 2023

15%

Asset Strength

$2.4M 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.