Mendota Heights Volunteer Firemen Relief Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 271,026 | 93,552 | 177,474 | 563.8 | 2% |
| 2021 | 293,640 | 965,696 | −672,056 | 54.8 | 0% |
| 2022 | 317,179 | 250,228 | 66,951 | 180.0 | 1% |
| 2023 | 371,006 | 12,525 | 358,481 | 4580.8 | 20% |
In its most recent public year (2023), this organization brought in $358,481 more than it spent. Its reserves stood at about 4580.8 months of spending, up from 563.8 in 2020. Staff pay was 20% of spending. $4,739,605 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
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