Sherwood Elm Grove Trail Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 343,035 | 246,450 | 96,585 | 49.5 | 0% |
| 2021 | 343,730 | 325,813 | 17,917 | 36.2 | 0% |
| 2022 | 304,405 | 244,249 | 60,156 | 51.2 | 0% |
In its most recent public year (2022), this organization brought in $60,156 more than it spent. Its reserves stood at about 51.2 months of spending, up from 49.5 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 2022. 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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