Freeport Fire Department Relief Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 57,013 | 34,401 | 22,612 | 225.6 | 2% |
| 2021 | 86,731 | 11,107 | 75,624 | 808.4 | 7% |
| 2022 | 103,705 | 91,460 | 12,245 | 82.1 | 1% |
| 2023 | 91,916 | 34,766 | 57,150 | 253.2 | 2% |
In its most recent public year (2023), this organization brought in $57,150 more than it spent. Its reserves stood at about 253.2 months of spending, up from 225.6 in 2020. Staff pay was 2% 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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