Operating record

Friends Of The Kennebec River Rail Trail Inc

Augusta, ME · EIN 01-0508136 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$15,043$5,911$9,132206.30%
2021$5,241$6,148−$907197.80%
2022$14,260$7,068$7,192179.80%
2023$12,806$7,322$5,484186.70%

In its most recent public year (2023), this organization brought in $5,484 more than it spent. Its reserves stood at about 186.7 months of spending, down from 206.3 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 ↗