Sargent Area Economic Development
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 25,000 | 495 | 24,505 | 594.1 | — |
| 2013 | 25,000 | 495 | 24,505 | 594.1 | — |
| 2014 | 2,279 | 294 | 1,985 | 1005.5 | — |
| 2015 | 3,181 | 250 | 2,931 | 140.7 | — |
| 2016 | 473 | 4,000 | −3,527 | 54.2 | — |
| 2017 | 11,577 | 5,688 | 5,889 | 12.4 | — |
| 2019 | 3,232 | 6,826 | −3,594 | 51.2 | — |
| 2020 | 3,509 | 5,329 | −1,820 | 61.5 | — |
In its most recent public year (2020), this organization spent $1,820 more than it brought in. Its reserves stood at about 61.5 months of spending, down from 594.1 in 2012.
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 2020. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works