Downtown Fairhope Business Assn
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 72,623 | 63,793 | 8,830 | 10.9 | — |
| 2017 | 60,989 | 64,036 | −3,047 | 10.3 | — |
| 2018 | 63,601 | 70,474 | −6,873 | 8.2 | — |
| 2019 | 60,719 | 73,225 | −12,506 | 5.8 | — |
| 2020 | 44,282 | 26,480 | 17,802 | 24.1 | — |
| 2021 | 33,025 | 53,001 | −19,976 | 7.5 | — |
| 2022 | 52,819 | 60,798 | −7,979 | 5.0 | — |
| 2023 | 59,019 | 55,614 | 3,405 | 6.2 | — |
In its most recent public year (2023), this organization brought in $3,405 more than it spent. Its reserves stood at about 6.2 months of spending, down from 10.9 in 2016.
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
Downtown Fairhope Business Assn's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works