Able Springs Volunteer Fire Department
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 231,326 | 227,337 | 3,989 | 18.8 | 0% |
| 2021 | 240,997 | 201,524 | 39,473 | 23.6 | 0% |
| 2022 | 322,242 | 233,997 | 88,245 | 24.8 | 0% |
| 2023 | 385,481 | 296,853 | 88,628 | 23.2 | 0% |
In its most recent public year (2023), this organization brought in $88,628 more than it spent. Its reserves stood at about 23.2 months of spending, up from 18.8 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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