Smithfield Volunteer Fire Department Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 297,494 | 355,953 | −58,459 | 16.6 | 0% |
| 2013 | 290,017 | 442,989 | −152,972 | 9.2 | 0% |
| 2014 | 459,036 | 509,780 | −50,744 | 20.5 | 0% |
| 2015 | 409,337 | 572,065 | −162,728 | 14.8 | 0% |
| 2016 | 383,027 | 496,178 | −113,151 | 14.4 | 0% |
| 2017 | 405,678 | 402,850 | 2,828 | 17.8 | 0% |
| 2018 | 360,447 | 545,049 | −184,602 | 9.1 | 0% |
| 2019 | 366,678 | 449,839 | −83,161 | 8.8 | 0% |
| 2020 | 274,380 | 302,694 | −28,314 | 13.4 | 0% |
| 2021 | 364,143 | 328,192 | 35,951 | 13.7 | 0% |
| 2022 | 313,696 | 249,881 | 63,815 | 21.0 | 0% |
| 2023 | 659,277 | 303,807 | 355,470 | 31.3 | 0% |
| 2024 | 707,856 | 333,864 | 373,992 | 42.0 | 0% |
In its most recent public year (2024), this organization brought in $373,992 more than it spent. Its reserves stood at about 42 months of spending, up from 16.6 in 2012. Staff pay was 0% of spending. $23,675 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 2024. 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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