Floyd County Mutual Fire Ins Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 0 | 103,872 | −103,872 | 302.4 | 19% |
| 2011 | 166,944 | 131,970 | 34,974 | 241.2 | 36% |
| 2012 | 160,633 | 75,293 | 85,340 | 436.3 | 37% |
| 2013 | 172,538 | 100,565 | 71,973 | 335.3 | 23% |
| 2014 | 154,502 | 119,042 | 35,460 | 286.8 | 18% |
| 2015 | 135,382 | 81,964 | 53,418 | 424.4 | 27% |
| 2016 | 157,116 | 75,123 | 81,993 | 476.1 | 44% |
| 2017 | 157,118 | 81,231 | 75,887 | 451.5 | 34% |
| 2018 | 152,686 | 158,810 | −6,124 | 230.5 | 14% |
| 2019 | 157,710 | 60,501 | 97,209 | 624.3 | 32% |
| 2020 | 156,385 | 73,246 | 83,139 | 529.3 | 32% |
| 2021 | 158,517 | 114,486 | 44,031 | 343.2 | 38% |
| 2022 | 162,024 | 75,645 | 86,379 | 533.2 | 37% |
| 2023 | 220,928 | 93,230 | 127,698 | 449.1 | 22% |
In its most recent public year (2023), this organization brought in $127,698 more than it spent. Its reserves stood at about 449.1 months of spending, up from 302.4 in 2010. Staff pay was 22% 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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