Firemens Relief Assns Of Minn Madison Lake Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 35,844 | 68,224 | −32,380 | 51.2 | — |
| 2011 | 28,027 | 16,531 | 11,496 | 212.2 | — |
| 2012 | 46,644 | 20,261 | 26,383 | 206.4 | — |
| 2013 | 58,938 | 51,508 | 7,430 | 97.4 | — |
| 2014 | 79,490 | 24,568 | 54,922 | 226.8 | — |
| 2015 | 57,311 | 39,968 | 17,343 | 138.2 | — |
| 2016 | 62,452 | 43,314 | 19,138 | 139.3 | 0% |
| 2017 | 80,657 | 22,479 | 58,178 | 326.0 | 0% |
| 2018 | 119,898 | 28,019 | 91,879 | 261.4 | 0% |
| 2019 | 97,304 | 106,587 | −9,283 | 74.7 | 0% |
| 2020 | 70,468 | 103,196 | −32,728 | 78.0 | 0% |
| 2021 | 165,479 | 42,836 | 122,643 | 229.6 | 0% |
| 2022 | 91,838 | 10,228 | 81,610 | 900.8 | 0% |
| 2023 | 95,887 | 52,446 | 43,441 | 200.1 | 0% |
In its most recent public year (2023), this organization brought in $43,441 more than it spent. Its reserves stood at about 200.1 months of spending, up from 51.2 in 2010. Staff pay was 0% of spending. $818,592 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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