Covington Volunteer Fire Department
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 18,931 | 47,566 | −28,635 | 46.8 | 0% |
| 2021 | 336,325 | 82,473 | 253,852 | 64.1 | 0% |
| 2022 | 100,958 | 109,985 | −9,027 | 46.9 | 0% |
| 2023 | 132,539 | 143,191 | −10,652 | 35.2 | 0% |
In its most recent public year (2023), this organization spent $10,652 more than it brought in. Its reserves stood at about 35.2 months of spending, down from 46.8 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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