Galax Volunteer Fire Department Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 193,467 | 101,641 | 91,826 | 34.2 | 0% |
| 2017 | 253,187 | 211,506 | 41,681 | 26.6 | 0% |
| 2018 | 286,404 | 335,105 | −48,701 | 15.0 | 0% |
| 2019 | 221,057 | 187,410 | 33,647 | 29.0 | 0% |
| 2020 | 306,959 | 237,275 | 69,684 | 26.5 | 0% |
| 2021 | 274,661 | 226,070 | 48,591 | 30.3 | 0% |
| 2022 | 397,309 | 352,811 | 44,498 | 21.0 | 0% |
| 2023 | 410,591 | 261,839 | 148,752 | 35.1 | 0% |
In its most recent public year (2023), this organization brought in $148,752 more than it spent. Its reserves stood at about 35.1 months of spending. 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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