Polk & Butler Mutual Insurance Company
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 553,775 | 591,483 | −37,708 | 8.6 | 12% |
| 2012 | 387,444 | 299,274 | 88,170 | 20.5 | 23% |
| 2013 | 450,252 | 326,237 | 124,015 | 23.4 | 23% |
| 2014 | 376,318 | 427,239 | −50,921 | 16.4 | 16% |
| 2015 | 394,577 | 443,484 | −48,907 | 14.5 | 18% |
| 2016 | 415,719 | 346,862 | 68,857 | 20.9 | 26% |
| 2017 | 460,558 | 366,694 | 93,864 | 22.9 | 24% |
| 2018 | 552,723 | 477,336 | 75,387 | 19.5 | 18% |
| 2019 | 525,702 | 401,789 | 123,913 | 26.8 | 21% |
| 2020 | 554,358 | 451,961 | 102,397 | 26.6 | 19% |
| 2021 | 493,578 | 551,631 | −58,053 | 20.5 | 17% |
| 2022 | 697,728 | 697,588 | 140 | 16.2 | 14% |
| 2023 | 641,011 | 570,151 | 70,860 | 21.3 | 19% |
In its most recent public year (2023), this organization brought in $70,860 more than it spent. Its reserves stood at about 21.3 months of spending, up from 8.6 in 2011. Staff pay was 19% 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
Polk & Butler Mutual 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