Morristown Firemens Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 150,499 | 135,226 | 15,273 | 149.6 | 1% |
| 2021 | 331,428 | 36,808 | 294,620 | 645.6 | 3% |
| 2022 | 54,787 | 470,035 | −415,248 | 40.0 | 0% |
| 2023 | 317,012 | 126,158 | 190,854 | 167.0 | 1% |
In its most recent public year (2023), this organization brought in $190,854 more than it spent. Its reserves stood at about 167 months of spending, up from 149.6 in 2020. Staff pay was 1% 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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