Farmers Mutual Insurance Company Of Giles County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 293,691 | 301,241 | −7,550 | 50.0 | 32% |
| 2012 | 301,029 | 494,957 | −193,928 | 26.4 | 21% |
| 2013 | 433,654 | 317,064 | 116,590 | 39.7 | 33% |
| 2014 | 314,633 | 319,556 | −4,923 | 49.7 | 34% |
| 2015 | 309,440 | 362,392 | −52,952 | 0.1 | 26% |
| 2016 | 302,725 | 145,679 | 157,046 | 101.1 | 65% |
| 2017 | 252,650 | 382,034 | −129,384 | 33.3 | 25% |
| 2018 | 294,366 | 451,996 | −157,630 | 27.1 | 23% |
| 2019 | 296,070 | 64,863 | 231,207 | 195.6 | 149% |
| 2020 | 392,351 | 393,946 | −1,595 | 30.2 | 24% |
| 2021 | 322,320 | 341,742 | −19,422 | 29.9 | 27% |
| 2022 | 317,483 | 318,615 | −1,132 | 31.8 | 36% |
| 2023 | 234,741 | 438,295 | −203,554 | 16.9 | 32% |
In its most recent public year (2023), this organization spent $203,554 more than it brought in. Its reserves stood at about 16.9 months of spending, down from 50 in 2011. Staff pay was 32% 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
Farmers Mutual Insurance Company Of Giles County's IRS filings as a feed — one entry per filing year, through 2023. 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