Two Harbors Volunteer Firemens Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 61,337 | 10,235 | 51,102 | 817.9 | 10% |
| 2014 | 57,508 | 10,108 | 47,400 | 936.6 | 0% |
| 2015 | 63,217 | 94,703 | −31,486 | 95.8 | 0% |
| 2016 | 82,192 | 170,880 | −88,688 | 50.3 | 0% |
| 2017 | 66,211 | 32,399 | 33,812 | 319.1 | 3% |
| 2018 | 63,320 | 18,195 | 45,125 | 569.8 | 6% |
| 2019 | 72,414 | 314,334 | −241,920 | 29.7 | 0% |
| 2020 | 63,323 | 102,587 | −39,264 | 101.5 | 1% |
| 2021 | 93,639 | 24,039 | 69,600 | 530.8 | 5% |
| 2022 | 88,217 | 61,762 | 26,455 | 178.1 | 3% |
In its most recent public year (2022), this organization brought in $26,455 more than it spent. Its reserves stood at about 178.1 months of spending, down from 817.9 in 2013. Staff pay was 3% of spending. $885,789 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 2022. 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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