Southport Volunteer Firemen Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 337,337 | 324,979 | 12,358 | 72.9 | 0% |
| 2021 | 341,643 | 333,081 | 8,562 | 71.5 | 0% |
| 2022 | 343,401 | 377,414 | −34,013 | 62.0 | 0% |
| 2023 | 362,398 | 445,265 | −82,867 | 50.3 | 0% |
In its most recent public year (2023), this organization spent $82,867 more than it brought in. Its reserves stood at about 50.3 months of spending, down from 72.9 in 2020. Staff pay was 0% 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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