Owatonna Rural Fire Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 156,180 | 122,426 | 33,754 | 37.7 | 3% |
| 2021 | 176,531 | 137,451 | 39,080 | 36.9 | 3% |
| 2022 | 169,073 | 153,951 | 15,122 | 34.9 | 3% |
| 2023 | 171,336 | 143,959 | 27,377 | 39.6 | 3% |
In its most recent public year (2023), this organization brought in $27,377 more than it spent. Its reserves stood at about 39.6 months of spending, up from 37.7 in 2020. Staff pay was 3% 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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