Gate City Volunteer Fire Department Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,978 | 215,644 | −81,666 | 12.9 | 0% |
| 2012 | 194,722 | 155,359 | 39,363 | 20.9 | 0% |
| 2013 | 162,850 | 178,910 | −16,060 | 17.1 | 0% |
| 2014 | 128,228 | 162,921 | −34,693 | 16.2 | 0% |
| 2015 | 160,428 | 181,803 | −21,375 | 13.1 | 0% |
| 2016 | 124,438 | 176,233 | −51,795 | 10.0 | 0% |
| 2017 | 130,718 | 174,086 | −43,368 | 6.7 | 0% |
| 2018 | 145,302 | 164,356 | −19,054 | 5.7 | 0% |
| 2019 | 122,607 | 146,589 | −23,982 | 4.5 | 0% |
| 2020 | 119,425 | 135,185 | −15,760 | 3.5 | 0% |
| 2021 | 281,942 | 128,588 | 153,354 | 18.0 | 0% |
| 2022 | 146,234 | 154,804 | −8,570 | 14.3 | 0% |
| 2023 | 121,806 | 157,336 | −35,530 | 8.0 | 0% |
In its most recent public year (2023), this organization spent $35,530 more than it brought in. Its reserves stood at about 8 months of spending, down from 12.9 in 2011. Staff pay was 0% 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
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