Laurel Lake Volunteer Fire And Rescue Company Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 760,124 | 701,100 | 59,024 | 16.3 | 55% |
| 2021 | 818,675 | 751,882 | 66,793 | 16.2 | 56% |
| 2022 | 1,086,150 | 897,742 | 188,408 | 16.5 | 57% |
| 2023 | 891,129 | 935,403 | −44,274 | 15.2 | 61% |
In its most recent public year (2023), this organization spent $44,274 more than it brought in. Its reserves stood at about 15.2 months of spending, down from 16.3 in 2020. Staff pay was 61% 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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