Morgan Co Fair & 4-H Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 275,387 | 206,682 | 68,705 | 16.6 | 0% |
| 2020 | 182,736 | 123,873 | 58,863 | 33.4 | 0% |
| 2021 | 295,196 | 265,878 | 29,318 | 17.0 | 0% |
| 2022 | 290,515 | 265,396 | 25,119 | 18.4 | 28% |
| 2023 | 298,920 | 330,041 | −31,121 | 13.7 | 27% |
In its most recent public year (2023), this organization spent $31,121 more than it brought in. Its reserves stood at about 13.7 months of spending, down from 16.6 in 2019. Staff pay was 27% 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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