Lake Vermilion Fire Brigade
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 214,447 | 103,608 | 110,839 | 60.6 | 0% |
| 2012 | 177,154 | 77,376 | 99,778 | 96.6 | 0% |
| 2013 | 50,041 | 103,036 | −52,995 | 66.4 | 0% |
| 2014 | 62,560 | 113,031 | −50,471 | 55.2 | 0% |
| 2015 | 176,928 | 105,596 | 71,332 | 67.2 | 0% |
| 2016 | 676,451 | 120,693 | 555,758 | 107.2 | 0% |
| 2017 | 216,682 | 158,748 | 57,934 | 85.9 | 0% |
| 2018 | 97,516 | 125,561 | −28,045 | 105.9 | 0% |
| 2019 | 122,003 | 137,350 | −15,347 | 97.6 | 0% |
| 2020 | 55,337 | 110,847 | −55,510 | 115.0 | 0% |
| 2021 | 82,236 | 106,805 | −24,569 | 116.6 | 0% |
| 2022 | 98,486 | 101,793 | −3,307 | 116.5 | 0% |
| 2023 | 316,034 | 87,498 | 228,536 | 166.8 | 0% |
In its most recent public year (2023), this organization brought in $228,536 more than it spent. Its reserves stood at about 166.8 months of spending, up from 60.6 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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