Middletown Fire Company No 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 268,507 | 225,985 | 42,522 | 59.7 | 0% |
| 2012 | 395,576 | 305,643 | 89,933 | 49.6 | 0% |
| 2013 | 398,028 | 305,868 | 92,160 | 53.2 | 0% |
| 2014 | 335,958 | 237,575 | 98,383 | 72.4 | 0% |
| 2015 | 424,061 | 424,059 | 2 | 39.9 | 0% |
| 2016 | 279,756 | 237,542 | 42,214 | 73.1 | 0% |
| 2017 | 288,822 | 213,055 | 75,767 | 85.5 | 0% |
| 2018 | 321,202 | 202,898 | 118,304 | 95.1 | 0% |
| 2019 | 307,065 | 283,561 | 23,504 | 70.7 | 0% |
| 2020 | 304,646 | 220,613 | 84,033 | 97.3 | 0% |
| 2021 | 360,740 | 319,692 | 41,048 | 70.0 | 0% |
| 2022 | 389,503 | 279,534 | 109,969 | 80.8 | 0% |
| 2023 | 468,197 | 267,471 | 200,726 | 95.4 | 0% |
In its most recent public year (2023), this organization brought in $200,726 more than it spent. Its reserves stood at about 95.4 months of spending, up from 59.7 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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