Denver Fire Fighters Financial Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,747,590 | 223,051 | 20,524,539 | 1110.8 | 14% |
| 2021 | 990,141 | 444,294 | 545,847 | 602.5 | 14% |
| 2022 | 658,631 | 394,205 | 264,426 | 614.8 | 16% |
| 2023 | −65,885 | 337,663 | −403,548 | 741.2 | 18% |
In its most recent public year (2023), this organization spent $403,548 more than it brought in. Its reserves stood at about 741.2 months of spending, down from 1110.8 in 2020. Staff pay was 18% of spending. $20,855,230 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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