Locust Mutual Fire Insurance Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124,915 | 125,949 | −1,034 | 131.2 | 18% |
| 2012 | 119,496 | 138,969 | −19,473 | 117.3 | 16% |
| 2013 | 118,519 | 170,210 | −51,691 | 90.3 | 13% |
| 2014 | 123,751 | 154,899 | −31,148 | 97.3 | 14% |
| 2015 | 144,165 | 150,368 | −6,203 | 96.3 | 19% |
| 2016 | 101,354 | 133,305 | −31,951 | 111.8 | 24% |
| 2017 | 147,391 | 136,480 | 10,911 | 110.1 | 18% |
| 2018 | 149,594 | 129,896 | 19,698 | 111.3 | 18% |
| 2019 | 151,021 | 130,333 | 20,688 | 115.0 | 18% |
| 2020 | 146,457 | 116,852 | 29,605 | 131.1 | 19% |
| 2021 | 135,943 | 132,979 | 2,964 | 112.6 | 18% |
| 2022 | 110,159 | 125,507 | −15,348 | 115.5 | 21% |
| 2023 | 170,337 | 126,196 | 44,141 | 120.0 | 19% |
In its most recent public year (2023), this organization brought in $44,141 more than it spent. Its reserves stood at about 120 months of spending, down from 131.2 in 2011. Staff pay was 19% 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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