Gibbsboro Fire Company No 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 72,176 | 74,110 | −1,934 | 10.2 | 0% |
| 2020 | 74,878 | 73,483 | 1,395 | 10.5 | 0% |
| 2021 | 63,571 | 49,734 | 13,837 | 18.8 | 0% |
| 2022 | 71,615 | 65,849 | 5,766 | 15.3 | 0% |
| 2023 | 74,861 | 92,297 | −17,436 | 8.6 | 0% |
In its most recent public year (2023), this organization spent $17,436 more than it brought in. Its reserves stood at about 8.6 months of spending, down from 10.2 in 2019. 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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