Inver Grove Heights Firefighters Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 235,096 | 219,233 | 15,863 | 185.4 | 2% |
| 2012 | 273,227 | 105,212 | 168,015 | 429.4 | 6% |
| 2013 | 342,548 | 354,280 | −11,732 | 143.9 | 2% |
| 2014 | 404,728 | 113,451 | 291,277 | 488.4 | 6% |
| 2015 | 328,273 | 229,278 | 98,995 | 232.2 | 3% |
| 2016 | 371,431 | 62,695 | 308,736 | 965.0 | 11% |
| 2017 | 480,546 | 385,678 | 94,868 | 178.6 | 2% |
| 2018 | 479,839 | 311,542 | 168,297 | 208.7 | 2% |
| 2019 | 651,309 | 913,805 | −262,496 | 74.8 | 1% |
| 2020 | 763,864 | 809,375 | −45,511 | 83.2 | 1% |
| 2021 | 914,097 | 548,734 | 365,363 | 131.0 | 2% |
| 2022 | 294,271 | 103,736 | 190,535 | 643.1 | 8% |
| 2023 | 483,202 | 736,319 | −253,117 | 93.3 | 1% |
In its most recent public year (2023), this organization spent $253,117 more than it brought in. Its reserves stood at about 93.3 months of spending, down from 185.4 in 2011. Staff pay was 1% of spending. $5,717,606 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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