Liberty Fire Co No 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 93,343 | 132,011 | −38,668 | 174.0 | 23% |
| 2021 | 249,470 | 236,609 | 12,861 | 97.7 | 24% |
| 2022 | 241,025 | 278,267 | −37,242 | 81.5 | 22% |
| 2023 | 276,194 | 351,183 | −74,989 | 62.0 | 23% |
In its most recent public year (2023), this organization spent $74,989 more than it brought in. Its reserves stood at about 62 months of spending, down from 174 in 2020. Staff pay was 23% 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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