Flathead Industries
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 10,780,819 | 9,308,480 | 1,472,339 | 14.2 | 68% |
| 2022 | 11,698,127 | 10,200,480 | 1,497,647 | 14.7 | 68% |
| 2023 | 12,054,802 | 11,652,520 | 402,282 | 13.3 | 68% |
| 2024 | 13,336,790 | 13,002,305 | 334,485 | 12.3 | 68% |
In its most recent public year (2024), this organization brought in $334,485 more than it spent. Its reserves stood at about 12.3 months of spending, down from 14.2 in 2021. Staff pay was 68% of spending. $1,094,851 of its net assets are donor-restricted.
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 2024. 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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