Fairmount Volunteer Fire Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 84,468 | 109,989 | −25,521 | 42.0 | 0% |
| 2021 | 101,755 | 137,215 | −35,460 | 30.6 | 0% |
| 2022 | 123,267 | 150,271 | −27,004 | 25.8 | 0% |
| 2023 | 133,232 | 162,378 | −29,146 | 21.5 | 0% |
In its most recent public year (2023), this organization spent $29,146 more than it brought in. Its reserves stood at about 21.5 months of spending, down from 42 in 2020. 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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