Lake Elmo Firefighters Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,692 | 22,540 | 39,152 | 499.1 | 11% |
| 2012 | 75,968 | 87,675 | −11,707 | 133.7 | 5% |
| 2013 | 95,953 | 49,366 | 46,587 | 276.4 | 7% |
| 2014 | 97,549 | 34,704 | 62,845 | 420.2 | 11% |
| 2015 | 99,539 | 228,426 | −128,887 | 53.7 | 2% |
| 2016 | 87,187 | 37,981 | 49,206 | 355.6 | 10% |
| 2017 | 93,656 | 29,807 | 63,849 | 535.7 | 13% |
| 2018 | 97,107 | 130,785 | −33,678 | 111.5 | 2% |
| 2019 | 92,193 | 280,999 | −188,806 | 48.8 | 2% |
| 2020 | 109,122 | 31,587 | 77,535 | 502.0 | 6% |
| 2021 | 188,945 | 31,693 | 157,252 | 568.5 | 8% |
| 2022 | 73,586 | 142,953 | −69,367 | 110.1 | 5% |
| 2023 | 347,667 | 71,312 | 276,355 | 6.1 | 9% |
In its most recent public year (2023), this organization brought in $276,355 more than it spent. Its reserves stood at about 6.1 months of spending, down from 499.1 in 2011. Staff pay was 9% 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
Lake Elmo Firefighters Relief Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works