Central Farmers Mutual Fire Ins Co
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 356,824 | 479,406 | −122,582 | 25.3 | 12% |
| 2021 | 442,666 | 387,406 | 55,260 | 33.1 | 14% |
| 2022 | 522,169 | 424,186 | 97,983 | 33.0 | 14% |
In its most recent public year (2022), this organization brought in $97,983 more than it spent. Its reserves stood at about 33 months of spending, up from 25.3 in 2020. Staff pay was 14% 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 2022. 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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