Local Number 267 Lorain Professional Fire Fighters Of
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 59,741 | 60,405 | −664 | 12.3 | — |
| 2012 | 52,516 | 57,068 | −4,552 | 12.1 | — |
| 2013 | 48,646 | 44,821 | 3,825 | 16.5 | — |
| 2014 | 41,285 | 56,899 | −15,614 | 9.7 | — |
| 2015 | 39,633 | 39,394 | 239 | 8.4 | — |
| 2016 | 56,465 | 69,506 | −13,041 | 2.5 | — |
| 2019 | 55,996 | 52,150 | 3,846 | 4.3 | — |
| 2020 | 60,678 | 31,182 | 29,496 | 18.6 | — |
| 2023 | 77,211 | 71,205 | 6,006 | 7.7 | — |
In its most recent public year (2023), this organization brought in $6,006 more than it spent. Its reserves stood at about 7.7 months of spending, down from 12.3 in 2011.
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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