Garfield Farmers Mutual Fire Insurance Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 197,404 | 227,210 | −29,806 | 27.5 | 20% |
| 2012 | 202,301 | 187,664 | 14,637 | 34.4 | 26% |
| 2013 | 210,925 | 215,777 | −4,852 | 29.7 | 22% |
| 2014 | 216,801 | 165,253 | 51,548 | 42.5 | 28% |
| 2015 | 223,905 | 177,519 | 46,386 | 42.8 | 27% |
| 2016 | 224,627 | 178,583 | 46,044 | 45.5 | 25% |
| 2017 | 226,622 | 188,537 | 38,085 | 45.6 | 26% |
| 2018 | 227,273 | 165,278 | 61,995 | 56.4 | 30% |
| 2019 | 234,753 | 245,579 | −10,826 | 37.3 | 21% |
| 2020 | 241,094 | 201,727 | 39,367 | 47.9 | 27% |
| 2021 | 256,978 | 291,424 | −34,446 | 31.8 | 19% |
| 2022 | 260,621 | 255,371 | 5,250 | 36.6 | 23% |
| 2023 | 224,098 | 240,490 | −16,392 | 38.0 | 25% |
In its most recent public year (2023), this organization spent $16,392 more than it brought in. Its reserves stood at about 38 months of spending, up from 27.5 in 2011. Staff pay was 25% 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
Garfield Farmers Mutual Fire Insurance Company'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