Hereford Volunteer Fire Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 362,110 | 244,973 | 117,137 | 194.4 | 0% |
| 2012 | 447,808 | 245,637 | 202,171 | 203.7 | 0% |
| 2013 | 487,624 | 237,778 | 249,846 | 223.1 | 0% |
| 2014 | 401,900 | 211,650 | 190,250 | 261.4 | 0% |
| 2016 | 378,299 | 219,109 | 159,190 | 264.4 | 0% |
| 2017 | 594,462 | 254,475 | 339,987 | 243.7 | 0% |
| 2018 | 460,088 | 245,934 | 214,154 | 262.6 | 0% |
| 2019 | 676,455 | 527,281 | 149,174 | 125.9 | 0% |
| 2020 | 572,930 | 279,325 | 293,605 | 250.2 | 0% |
| 2021 | 663,035 | 235,033 | 428,002 | 319.2 | 0% |
| 2022 | 388,637 | 327,014 | 61,623 | 231.7 | 0% |
| 2023 | 974,081 | 288,771 | 685,310 | 273.0 | 0% |
In its most recent public year (2023), this organization brought in $685,310 more than it spent. Its reserves stood at about 273 months of spending, up from 194.4 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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