Letts Community Volunteer Fire Dept Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 954,439 | 902,163 | 52,276 | 7.8 | 48% |
| 2021 | 1,559,229 | 1,275,949 | 283,280 | 9.1 | 47% |
| 2022 | 1,693,130 | 1,346,268 | 346,862 | 11.7 | 47% |
| 2023 | 1,882,282 | 1,708,552 | 173,730 | 10.5 | 48% |
In its most recent public year (2023), this organization brought in $173,730 more than it spent. Its reserves stood at about 10.5 months of spending, up from 7.8 in 2020. Staff pay was 48% 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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