Norwood Volunteer Firemens Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 35,667 | 58,101 | −22,434 | 76.1 | 0% |
| 2017 | 32,400 | 66,905 | −34,505 | 60.0 | 0% |
| 2018 | 38,820 | 69,009 | −30,189 | 65.7 | 0% |
| 2019 | 35,285 | 74,891 | −39,606 | 50.6 | 0% |
| 2020 | 18,022 | 69,125 | −51,103 | 45.9 | 0% |
| 2021 | 52,926 | 40,720 | 12,206 | 80.4 | 0% |
| 2022 | 23,556 | 59,914 | −36,358 | 47.4 | 0% |
| 2023 | 38,958 | 36,469 | 2,489 | 78.6 | 0% |
In its most recent public year (2023), this organization brought in $2,489 more than it spent. Its reserves stood at about 78.6 months of spending, up from 76.1 in 2016. 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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