Farmington Fire Department Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 160,622 | 186,150 | −25,528 | 60.1 | 55% |
| 2021 | 169,886 | 195,286 | −25,400 | 55.7 | 65% |
| 2022 | 193,910 | 227,451 | −33,541 | 46.1 | 55% |
| 2023 | 189,529 | 219,261 | −29,732 | 46.1 | 68% |
In its most recent public year (2023), this organization spent $29,732 more than it brought in. Its reserves stood at about 46.1 months of spending, down from 60.1 in 2020. Staff pay was 68% of spending. $1,348,698 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 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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