Thornwood Fire Co No 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 47,059 | 31,453 | 15,606 | 233.7 | — |
| 2021 | 74,175 | 47,011 | 27,164 | 239.6 | 0% |
| 2022 | 56,792 | 71,360 | −14,568 | 131.4 | 1% |
| 2023 | 54,202 | 48,998 | 5,204 | 248.0 | 2% |
In its most recent public year (2023), this organization brought in $5,204 more than it spent. Its reserves stood at about 248 months of spending, up from 233.7 in 2020. Staff pay was 2% 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
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