Lake Of The Woods Volunteer Fire & Rescue Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 47,817 | 43,593 | 4,224 | 653.5 | 0% |
| 2021 | 418,846 | 160,983 | 257,863 | 196.2 | 0% |
| 2022 | 395,943 | 304,546 | 91,397 | 101.0 | 0% |
| 2023 | 775,922 | 355,640 | 420,282 | 99.9 | 0% |
| 2024 | 519,309 | 443,175 | 76,134 | 83.2 | 0% |
In its most recent public year (2024), this organization brought in $76,134 more than it spent. Its reserves stood at about 83.2 months of spending, down from 653.5 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 2024. 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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