Farm Journal Agricultural Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 155,904 | 523,297 | −367,393 | -8.4 | — |
| 2011 | 1,116,810 | 4,007,572 | −2,890,762 | -9.8 | 0% |
| 2012 | 2,773,729 | 1,353,206 | 1,420,523 | -16.3 | 0% |
| 2013 | 3,042,227 | 1,452,702 | 1,589,525 | -2.0 | 1% |
| 2014 | 2,012,202 | 1,896,063 | 116,139 | -0.8 | 0% |
| 2015 | 3,594,747 | 1,454,250 | 2,140,497 | 16.6 | 0% |
| 2016 | 303,185 | 1,346,532 | −1,043,347 | 8.6 | 0% |
| 2017 | 801,249 | 1,149,692 | −348,443 | 6.4 | 0% |
| 2018 | 3,129,756 | 1,152,441 | 1,977,315 | 27.0 | 0% |
| 2019 | 640,919 | 1,425,246 | −784,327 | 15.2 | 0% |
| 2020 | 1,299,109 | 1,873,193 | −574,084 | 7.9 | 0% |
| 2021 | 1,711,147 | 2,427,541 | −716,394 | 2.6 | 0% |
| 2022 | 6,177,752 | 3,183,816 | 2,993,936 | 13.2 | 0% |
| 2023 | 1,286,707 | 2,922,826 | −1,636,119 | 7.7 | 0% |
In its most recent public year (2023), this organization spent $1,636,119 more than it brought in. Its reserves stood at about 7.7 months of spending, up from -8.4 in 2010. Staff pay was 0% of spending. $1,214,788 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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