Firemens Relief Assns Of Minn Golden Valley Fire Dept Relief Ass
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 195,128 | 1,147,791 | −952,663 | 41.9 | 1% |
| 2012 | 166,682 | 413,255 | −246,573 | 123.1 | 2% |
| 2013 | 253,941 | 800,354 | −546,413 | 67.9 | 1% |
| 2014 | 215,509 | 386,392 | −170,883 | 144.6 | 2% |
| 2015 | 221,830 | 160,357 | 61,473 | 348.6 | 6% |
| 2016 | 233,290 | 367,491 | −134,201 | 159.9 | 3% |
| 2017 | 269,284 | 381,576 | −112,292 | 175.0 | 2% |
| 2018 | 256,248 | 821,808 | −565,560 | 68.3 | 1% |
| 2019 | 218,726 | 396,517 | −177,791 | 168.7 | 3% |
| 2020 | 210,352 | 778,427 | −568,075 | 90.8 | 1% |
| 2021 | 237,692 | 252,200 | −14,508 | 328.0 | 4% |
| 2022 | 233,530 | 690,996 | −457,466 | 90.1 | 1% |
| 2023 | 243,746 | 328,694 | −84,948 | 226.9 | 3% |
In its most recent public year (2023), this organization spent $84,948 more than it brought in. Its reserves stood at about 226.9 months of spending, up from 41.9 in 2011. Staff pay was 3% 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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