Margate City Fire Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 338,880 | 331,120 | 7,760 | 7.6 | 0% |
| 2013 | 106,080 | 107,690 | −1,610 | 23.3 | 0% |
| 2014 | 123,992 | 136,731 | −12,739 | 17.2 | 0% |
| 2015 | 132,367 | 132,601 | −234 | 17.8 | 0% |
| 2016 | 176,292 | 138,486 | 37,806 | 20.3 | 0% |
| 2017 | 146,900 | 113,758 | 33,142 | 28.2 | 0% |
| 2019 | 251,856 | 167,876 | 83,980 | 26.5 | 0% |
| 2020 | 208,690 | 144,977 | 63,713 | 35.9 | 0% |
| 2021 | 151,129 | 180,001 | −28,872 | 27.0 | 0% |
| 2022 | 305,878 | 195,957 | 109,921 | 31.6 | 0% |
| 2023 | 550,317 | 428,856 | 121,461 | 17.8 | 47% |
In its most recent public year (2023), this organization brought in $121,461 more than it spent. Its reserves stood at about 17.8 months of spending, up from 7.6 in 2012. Staff pay was 47% 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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