Salem Fire Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 152,489 | 65,833 | 86,656 | 16.2 | — |
| 2016 | 96,235 | 101,354 | −5,119 | 9.9 | — |
| 2017 | 51,948 | 78,542 | −26,594 | 8.8 | — |
| 2018 | 93,322 | 66,562 | 26,760 | 15.2 | — |
| 2019 | 145,808 | 134,676 | 11,132 | 8.5 | — |
| 2020 | 69,601 | 34,843 | 34,758 | 44.8 | — |
| 2021 | 104,858 | 59,669 | 45,189 | 35.2 | — |
| 2022 | 154,287 | 112,405 | 41,882 | 23.2 | — |
| 2023 | 179,574 | 114,648 | 64,926 | 29.5 | — |
In its most recent public year (2023), this organization brought in $64,926 more than it spent. Its reserves stood at about 29.5 months of spending, up from 16.2 in 2015.
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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