Meadville Area Recreation Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 24,373 | 158,752 | −134,379 | 16.7 | 0% |
| 2021 | 126,181 | 135,786 | −9,605 | 18.6 | 0% |
| 2022 | 86,302 | 119,201 | −32,899 | 17.9 | 0% |
| 2023 | 52,758 | 86,523 | −33,765 | 20.0 | 0% |
In its most recent public year (2023), this organization spent $33,765 more than it brought in. Its reserves stood at about 20 months of spending, up from 16.7 in 2020. Staff pay was 0% of spending. $35,780 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 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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