Minnesota Firefighter Initiative
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 112,269 | 87,297 | 24,972 | 4.9 | — |
| 2019 | 253,761 | 237,151 | 16,610 | 2.7 | 0% |
| 2020 | 257,527 | 246,540 | 10,987 | 3.1 | 0% |
| 2021 | 361,954 | 315,102 | 46,852 | 4.2 | 0% |
| 2022 | 3,131,191 | 3,173,891 | −42,700 | 0.3 | 0% |
| 2023 | 4,553,414 | 4,065,160 | 488,254 | 1.7 | 0% |
In its most recent public year (2023), this organization brought in $488,254 more than it spent. Its reserves stood at about 1.7 months of spending, down from 4.9 in 2018. Staff pay was 0% of spending. $16,500 of its net assets are donor-restricted.
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
Minnesota Firefighter Initiative's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works