Magnet Cove Area Fire Protection Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,438 | 60,981 | −18,543 | 8.7 | — |
| 2012 | 45,006 | 36,739 | 8,267 | 17.2 | — |
| 2013 | 40,008 | 34,521 | 5,487 | 20.2 | — |
| 2014 | 38,370 | 36,396 | 1,974 | 19.8 | — |
| 2015 | 39,000 | 31,453 | 7,547 | 25.8 | — |
| 2016 | 46,726 | 31,166 | 15,560 | 32.0 | — |
| 2017 | 46,252 | 29,700 | 16,552 | 40.3 | — |
| 2019 | 45,203 | 75,764 | −30,561 | 12.4 | — |
| 2021 | 49,568 | 51,581 | −2,013 | 19.1 | — |
| 2022 | 110,055 | 93,880 | 16,175 | 12.5 | — |
| 2023 | 81,985 | 85,872 | −3,887 | 13.1 | — |
In its most recent public year (2023), this organization spent $3,887 more than it brought in. Its reserves stood at about 13.1 months of spending, up from 8.7 in 2011.
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
Magnet Cove Area Fire Protection Association'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