Loretto Volunteer Fire Dept Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 365,670 | 400,007 | −34,337 | 19.5 | 18% |
| 2012 | 396,497 | 443,337 | −46,840 | 16.3 | 21% |
| 2013 | 400,870 | 507,977 | −107,107 | 11.7 | 18% |
| 2014 | 422,529 | 443,510 | −20,981 | 12.8 | 27% |
| 2015 | 455,998 | 467,670 | −11,672 | 11.9 | 28% |
| 2016 | 482,502 | 465,495 | 17,007 | 12.4 | 25% |
| 2017 | 504,568 | 488,432 | 16,136 | 12.2 | 26% |
| 2018 | 509,184 | 565,804 | −56,620 | 9.3 | 24% |
| 2019 | 560,375 | 469,597 | 90,778 | 13.5 | 24% |
| 2020 | 590,494 | 529,738 | 60,756 | 13.4 | 29% |
| 2021 | 632,158 | 571,580 | 60,578 | 13.7 | 27% |
| 2022 | 675,460 | 555,906 | 119,554 | 16.6 | 33% |
| 2023 | 844,086 | 1,021,898 | −177,812 | 23.0 | 32% |
In its most recent public year (2023), this organization spent $177,812 more than it brought in. Its reserves stood at about 23 months of spending, up from 19.5 in 2011. Staff pay was 32% 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
Loretto Volunteer Fire Dept Inc'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