everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Balsam Volunteer Fire Fighters Relief Association

Bovey, MN / EIN 41-1423587 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201147,64810,41437,234257.5
201244,65423,91020,744134.8
201347,92537,73710,188105.4
201449,68150,619−93884.7
201552,72522,29330,432208.7
201665,94318,60547,338280.6
2017114,38631,28383,103198.80%
201833,07243,211−10,139141.10%
2019167,7236,760160,9631187.60%
2020174,6425,334169,3081886.00%
2021195,30811,279184,0291087.70%
202257,09516,41440,681663.40%
202359,99818,11741,881736.512%

In its most recent public year (2023), this organization brought in $41,881 more than it spent. Its reserves stood at about 736.5 months of spending, up from 257.5 in 2011. Staff pay was 12% 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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