Towanda Firemens Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 112,110 | 55,937 | 56,173 | 235.8 | 3% |
| 2021 | 123,887 | 52,210 | 71,677 | 269.1 | 3% |
| 2022 | 64,710 | 98,472 | −33,762 | 127.9 | 2% |
| 2023 | 66,816 | 105,950 | −39,134 | 114.4 | 0% |
In its most recent public year (2023), this organization spent $39,134 more than it brought in. Its reserves stood at about 114.4 months of spending, down from 235.8 in 2020. Staff pay was 0% 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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