Somers Point Volunteer Fire Company N0 2
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 61,026 | 58,150 | 2,876 | 9.3 | — |
| 2012 | 69,512 | 64,544 | 4,968 | 12.0 | — |
| 2013 | 75,442 | 81,038 | −5,596 | 26.7 | — |
| 2014 | 81,176 | 79,190 | 1,986 | 13.0 | — |
| 2015 | 84,333 | 103,270 | −18,937 | 11.8 | — |
| 2016 | 110,010 | 118,253 | −8,243 | 13.2 | — |
| 2017 | 142,055 | 160,899 | −18,844 | 5.6 | 0% |
| 2018 | 104,262 | 106,222 | −1,960 | 6.3 | 0% |
| 2019 | 134,708 | 96,462 | 38,246 | 12.0 | 0% |
| 2020 | 90,256 | 87,061 | 3,195 | 12.4 | 0% |
| 2021 | 77,211 | 54,950 | 22,261 | 17.5 | 0% |
| 2022 | 102,144 | 93,503 | 8,641 | 11.4 | 0% |
| 2023 | 111,159 | 118,283 | −7,124 | 11.3 | 0% |
In its most recent public year (2023), this organization spent $7,124 more than it brought in. Its reserves stood at about 11.3 months of spending, up from 9.3 in 2011. 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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