Madison Volunteer Fire Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 128,207 | 78,685 | 49,522 | 146.8 | 0% |
| 2022 | 94,529 | 86,293 | 8,236 | 145.4 | 0% |
| 2023 | 120,245 | 83,000 | 37,245 | 156.5 | 0% |
In its most recent public year (2023), this organization brought in $37,245 more than it spent. Its reserves stood at about 156.5 months of spending, up from 146.8 in 2020. Staff pay was 0% of spending. $853,873 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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