Richwood Independent Agricultural Fair
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 294,885 | 210,083 | 84,802 | 9.7 | 0% |
| 2021 | 472,952 | 387,842 | 85,110 | 7.9 | 0% |
| 2022 | 467,369 | 344,110 | 123,259 | 13.2 | 0% |
| 2023 | 750,857 | 464,568 | 286,289 | 17.2 | 0% |
In its most recent public year (2023), this organization brought in $286,289 more than it spent. Its reserves stood at about 17.2 months of spending, up from 9.7 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 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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