Town Of Hancock Volunteer Ambulance Corps Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 81,421 | 243,471 | −162,050 | -8.0 | — |
| 2016 | 448,569 | 443,671 | 4,898 | -4.3 | 0% |
| 2017 | 685,771 | 530,191 | 155,580 | 2.1 | 62% |
| 2018 | 664,427 | 584,697 | 79,730 | 3.6 | 63% |
| 2019 | 714,703 | 588,241 | 126,462 | 6.1 | 65% |
| 2020 | 711,370 | 659,072 | 52,298 | 6.4 | 63% |
| 2021 | 944,874 | 688,518 | 256,356 | 10.6 | 61% |
| 2022 | 850,277 | 821,840 | 28,437 | 9.3 | 62% |
| 2023 | 647,193 | 846,413 | −199,220 | 6.2 | 64% |
In its most recent public year (2023), this organization spent $199,220 more than it brought in. Its reserves stood at about 6.2 months of spending, up from -8 in 2015. Staff pay was 64% of spending. $50,000 of its net assets are donor-restricted.
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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