United Fire Company No 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 234,910 | 181,678 | 53,232 | 44.0 | 2% |
| 2019 | 213,143 | 165,517 | 47,626 | 52.2 | 2% |
| 2020 | 159,424 | 147,717 | 11,707 | 62.0 | 3% |
| 2021 | 186,802 | 140,550 | 46,252 | 69.1 | 3% |
| 2022 | 240,549 | 197,682 | 42,867 | 49.6 | 2% |
| 2023 | 220,857 | 217,716 | 3,141 | 46.4 | 1% |
In its most recent public year (2023), this organization brought in $3,141 more than it spent. Its reserves stood at about 46.4 months of spending, up from 44 in 2018. Staff pay was 1% of spending. $10,717 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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