Lakeville Hose Company No 1 Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 104,691 | 69,243 | 35,448 | 105.4 | 0% |
| 2021 | 152,412 | 70,622 | 81,790 | 117.2 | 0% |
| 2022 | 152,412 | 72,495 | 79,917 | 127.4 | 0% |
| 2023 | 152,412 | 70,767 | 81,645 | 144.4 | 0% |
In its most recent public year (2023), this organization brought in $81,645 more than it spent. Its reserves stood at about 144.4 months of spending, up from 105.4 in 2020. Staff pay was 0% 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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