Norwood Police Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 150,846 | 133,777 | 17,069 | 7.6 | — |
| 2012 | 169,285 | 169,862 | −577 | 5.9 | — |
| 2013 | 146,031 | 128,062 | 17,969 | 9.6 | — |
| 2014 | 47,299 | 66,691 | −19,392 | 13.4 | — |
| 2015 | 73,950 | 80,759 | −6,809 | 10.0 | — |
| 2016 | 89,348 | 72,840 | 16,508 | 13.9 | — |
| 2017 | 15,827 | 44,284 | −28,457 | 15.1 | — |
| 2018 | 50,021 | 43,814 | 6,207 | 16.9 | — |
| 2019 | 77,085 | 68,659 | 8,426 | 12.3 | — |
| 2020 | 57,065 | 72,798 | −15,733 | 9.0 | — |
| 2021 | 66,671 | 70,678 | −4,007 | 8.6 | — |
| 2022 | 57,384 | 67,565 | −10,181 | 7.2 | — |
| 2023 | 45,417 | 68,635 | −23,218 | 7.2 | — |
In its most recent public year (2023), this organization spent $23,218 more than it brought in. Its reserves stood at about 7.2 months of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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