Lower Chichester Volunteer Fire Co No 1
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 253,578 | 121,467 | 132,111 | -16.2 | 0% |
| 2012 | 123,966 | 199,105 | −75,139 | -14.4 | 0% |
| 2013 | 105,085 | 198,420 | −93,335 | -20.1 | 0% |
| 2014 | 179,839 | 173,755 | 6,084 | -22.5 | 0% |
| 2015 | 217,056 | 172,134 | 44,922 | -19.6 | 0% |
| 2016 | 131,418 | 171,706 | −40,288 | -22.5 | 0% |
| 2017 | 152,984 | 120,172 | 32,812 | -28.8 | 0% |
| 2018 | 138,142 | 131,908 | 6,234 | -25.7 | 0% |
| 2019 | 85,081 | 79,525 | 5,556 | -45.8 | 0% |
| 2020 | 190,960 | 150,208 | 40,752 | -21.0 | 0% |
In its most recent public year (2020), this organization brought in $40,752 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-21 months), down from -16.2 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 2020. 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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