Bright Volunteer Fire Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,027,214 | 828,899 | 198,315 | 20.1 | 33% |
| 2021 | 686,585 | 753,744 | −67,159 | 21.1 | 36% |
| 2022 | 818,801 | 668,165 | 150,636 | 26.5 | 43% |
| 2023 | 985,543 | 831,926 | 153,617 | 23.5 | 44% |
In its most recent public year (2023), this organization brought in $153,617 more than it spent. Its reserves stood at about 23.5 months of spending, up from 20.1 in 2020. Staff pay was 44% 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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