Lovetown Volunteer Fire Department
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 37,165 | 64,809 | −27,644 | 12.4 | — |
| 2021 | 43,374 | 46,541 | −3,167 | 16.5 | — |
| 2022 | 50,729 | 37,782 | 12,947 | 24.4 | — |
| 2023 | 52,430 | 55,794 | −3,364 | 15.8 | — |
In its most recent public year (2023), this organization spent $3,364 more than it brought in. Its reserves stood at about 15.8 months of spending, up from 12.4 in 2020.
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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