Newport Fire Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 321,500 | 292,144 | 29,356 | 36.2 | 0% |
| 2012 | 279,671 | 269,487 | 10,184 | 40.1 | 0% |
| 2013 | 1,312,298 | 1,143,606 | 168,692 | 11.3 | 0% |
| 2014 | 277,668 | 327,543 | −49,875 | 37.9 | 0% |
| 2015 | 306,562 | 332,133 | −25,571 | 35.8 | 0% |
| 2016 | 316,284 | 304,834 | 11,450 | 39.7 | 0% |
| 2017 | 295,433 | 285,554 | 9,879 | 43.2 | 0% |
| 2018 | 394,139 | 360,137 | 34,002 | 34.9 | 0% |
| 2019 | 293,386 | 332,428 | −39,042 | 37.1 | 0% |
| 2020 | 374,913 | 297,860 | 77,053 | 45.3 | 0% |
| 2021 | 404,638 | 282,198 | 122,440 | 54.3 | 0% |
| 2022 | 397,932 | 349,472 | 48,460 | 44.4 | 0% |
| 2023 | 440,701 | 379,358 | 61,343 | 44.7 | 0% |
In its most recent public year (2023), this organization brought in $61,343 more than it spent. Its reserves stood at about 44.7 months of spending, up from 36.2 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 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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