Lower Milford Township Fire Co No 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 289,345 | 250,967 | 38,378 | 41.3 | 0% |
| 2020 | 83,928 | 138,030 | −54,102 | 70.3 | 0% |
| 2021 | 102,146 | 158,481 | −56,335 | 57.0 | 0% |
| 2022 | 130,491 | 131,208 | −717 | 68.8 | 0% |
| 2023 | 93,486 | 163,480 | −69,994 | 50.1 | 0% |
In its most recent public year (2023), this organization spent $69,994 more than it brought in. Its reserves stood at about 50.1 months of spending, up from 41.3 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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