Bridgeport Firemens Sick & Death Benefit Association Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 55,144 | 194,117 | −138,973 | 134.6 | 10% |
| 2021 | 181,916 | 323,682 | −141,766 | 98.2 | 6% |
| 2022 | 81,055 | 208,468 | −127,413 | 147.8 | 10% |
| 2023 | 35,163 | 221,883 | −186,720 | 121.0 | 9% |
In its most recent public year (2023), this organization spent $186,720 more than it brought in. Its reserves stood at about 121 months of spending, down from 134.6 in 2020. Staff pay was 9% 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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