Hope Fire Engine & Hose Co No 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 614,397 | 341,073 | 273,324 | 179.9 | 0% |
| 2021 | 484,266 | 293,447 | 190,819 | 218.7 | 0% |
| 2022 | 750,154 | 282,026 | 468,128 | 242.7 | 0% |
| 2023 | 351,520 | 363,757 | −12,237 | 188.6 | 0% |
In its most recent public year (2023), this organization spent $12,237 more than it brought in. Its reserves stood at about 188.6 months of spending, up from 179.9 in 2020. Staff pay was 0% of spending. $1,783,577 of its net assets are donor-restricted.
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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