Farm Gate Home Owners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 33,319 | 25,223 | 8,096 | 34.9 | 0% |
| 2020 | 31,226 | 33,458 | −2,232 | 25.5 | 5% |
| 2021 | 34,250 | 35,320 | −1,070 | 24.0 | 5% |
| 2022 | 40,812 | 40,618 | 194 | 20.9 | 4% |
| 2023 | 19,773 | 33,838 | −14,065 | 20.1 | — |
In its most recent public year (2023), this organization spent $14,065 more than it brought in. Its reserves stood at about 20.1 months of spending, down from 34.9 in 2019.
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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