Nashwauk Volunteer Firemens Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 38,451 | 8,282 | 30,169 | 654.8 | 25% |
| 2021 | 145,256 | 11,646 | 133,610 | 572.7 | 18% |
| 2022 | 62,505 | 33,882 | 28,623 | 187.1 | 6% |
| 2023 | 19,017 | 34,516 | −15,499 | 11.2 | 87% |
In its most recent public year (2023), this organization spent $15,499 more than it brought in. Its reserves stood at about 11.2 months of spending, down from 654.8 in 2020. Staff pay was 87% 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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