Lovelady Volunteer Fire Department Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 379,890 | 322,957 | 56,933 | 49.5 | 0% |
| 2012 | 409,211 | 369,723 | 39,488 | 44.5 | 0% |
| 2013 | 380,178 | 341,095 | 39,083 | 49.6 | 0% |
| 2014 | 447,872 | 349,189 | 98,683 | 51.9 | 0% |
| 2015 | 412,688 | 340,867 | 71,821 | 55.7 | 0% |
| 2016 | 420,135 | 284,107 | 136,028 | 72.6 | 0% |
| 2017 | 444,756 | 279,327 | 165,429 | 80.9 | 0% |
| 2018 | 460,728 | 371,756 | 88,972 | 63.7 | 0% |
| 2019 | 483,622 | 367,621 | 116,001 | 68.2 | 18% |
| 2020 | 517,419 | 426,827 | 90,592 | 61.3 | 19% |
| 2021 | 524,967 | 417,894 | 107,073 | 65.6 | 19% |
| 2022 | 587,287 | 426,758 | 160,529 | 68.8 | 18% |
| 2023 | 657,976 | 441,276 | 216,700 | 72.4 | 18% |
In its most recent public year (2023), this organization brought in $216,700 more than it spent. Its reserves stood at about 72.4 months of spending, up from 49.5 in 2011. Staff pay was 18% 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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