Koochiching County Food Access
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 387,638 | 234,248 | 153,390 | 24.6 | 24% |
| 2021 | 327,701 | 236,106 | 91,595 | 31.0 | 36% |
| 2022 | 197,299 | 276,807 | −79,508 | 22.7 | 35% |
| 2023 | 413,722 | 327,779 | 85,943 | 22.4 | 31% |
In its most recent public year (2023), this organization brought in $85,943 more than it spent. Its reserves stood at about 22.4 months of spending, down from 24.6 in 2020. Staff pay was 31% 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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