Lake Norman Volunteer Fire Dept
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1,038,514 | 668,449 | 370,065 | 63.4 | 13% |
| 2013 | 1,217,650 | 708,875 | 508,775 | 68.4 | 12% |
| 2014 | 1,100,436 | 862,789 | 237,647 | 59.5 | 25% |
| 2015 | 1,127,854 | 933,441 | 194,413 | 57.5 | 27% |
| 2016 | 871,359 | 903,474 | −32,115 | 58.9 | 27% |
| 2017 | 955,938 | 1,075,032 | −119,094 | 48.2 | 29% |
| 2018 | 950,875 | 1,128,745 | −177,870 | 44.0 | 33% |
| 2019 | 941,872 | 1,131,394 | −189,522 | 41.9 | 39% |
| 2020 | 913,263 | 1,266,664 | −353,401 | 34.0 | 43% |
| 2022 | 970,614 | 1,575,825 | −605,211 | 20.8 | 35% |
| 2023 | 1,388,774 | 1,489,956 | −101,182 | 21.8 | 42% |
| 2024 | 1,482,486 | 1,391,555 | 90,931 | 24.1 | 44% |
In its most recent public year (2024), this organization brought in $90,931 more than it spent. Its reserves stood at about 24.1 months of spending, down from 63.4 in 2012. Staff pay was 44% 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 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
Lake Norman Volunteer Fire Dept's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works