The Millwood Fire Company Number One Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 65,737 | 71,434 | −5,697 | 117.5 | 0% |
| 2020 | 34,634 | 58,628 | −23,994 | 150.7 | 0% |
| 2021 | 58,598 | 70,540 | −11,942 | 142.9 | 0% |
| 2022 | 91,071 | 55,385 | 35,686 | 159.1 | 0% |
In its most recent public year (2022), this organization brought in $35,686 more than it spent. Its reserves stood at about 159.1 months of spending, up from 117.5 in 2019. Staff pay was 0% of spending. $74,988 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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