First Farm Mutual Ins Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 262,973 | 275,557 | −12,584 | 52.9 | 12% |
| 2012 | 439,626 | 393,083 | 46,543 | 38.5 | 9% |
| 2013 | 458,611 | 557,059 | −98,448 | 25.0 | 7% |
| 2014 | 460,718 | 325,449 | 135,269 | 47.8 | 12% |
| 2015 | 292,834 | 283,982 | 8,852 | 55.2 | 16% |
| 2016 | 391,105 | 333,077 | 58,028 | 49.2 | 13% |
| 2017 | 491,313 | 655,626 | −164,313 | 22.0 | 7% |
| 2018 | 442,884 | 492,246 | −49,362 | 28.1 | 8% |
| 2019 | 341,434 | 273,879 | 67,555 | 53.4 | 15% |
| 2020 | 364,498 | 423,571 | −59,073 | 32.8 | 9% |
| 2021 | 390,601 | 337,756 | 52,845 | 43.1 | 12% |
| 2022 | 297,546 | 610,647 | −313,101 | 17.7 | 6% |
| 2023 | 333,991 | 356,436 | −22,445 | 29.5 | 11% |
In its most recent public year (2023), this organization spent $22,445 more than it brought in. Its reserves stood at about 29.5 months of spending, down from 52.9 in 2011. Staff pay was 11% 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
First Farm Mutual Ins Co's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works