Newton Hook And Ladder Company No 1 Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 136,922 | 194,539 | −57,617 | 157.9 | 12% |
| 2022 | 288,784 | 309,967 | −21,183 | 98.3 | 6% |
| 2023 | 441,923 | 265,731 | 176,192 | 122.6 | 13% |
In its most recent public year (2023), this organization brought in $176,192 more than it spent. Its reserves stood at about 122.6 months of spending, down from 157.9 in 2021. Staff pay was 13% 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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