Ionia Free Fair Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 701,643 | 884,466 | −182,823 | 10.8 | 18% |
| 2012 | 859,127 | 921,398 | −62,271 | 9.7 | 19% |
| 2013 | 790,447 | 774,662 | 15,785 | 11.9 | 16% |
| 2014 | 888,487 | 828,386 | 60,101 | 12.2 | 15% |
| 2015 | 927,268 | 902,461 | 24,807 | 11.7 | 15% |
| 2016 | 969,926 | 967,576 | 2,350 | 10.9 | 11% |
| 2017 | 1,091,744 | 1,005,771 | 85,973 | 11.5 | 12% |
| 2018 | 1,312,436 | 1,437,338 | −124,902 | 8.2 | 8% |
| 2019 | 1,240,815 | 1,259,972 | −19,157 | 9.2 | 7% |
| 2020 | 207,315 | 321,664 | −114,349 | 31.9 | 15% |
| 2021 | 1,472,639 | 755,946 | 716,693 | 25.0 | 4% |
| 2022 | 1,319,052 | 1,049,779 | 269,273 | 21.1 | 8% |
| 2023 | 1,750,821 | 1,415,631 | 335,190 | 18.5 | 9% |
In its most recent public year (2023), this organization brought in $335,190 more than it spent. Its reserves stood at about 18.5 months of spending, up from 10.8 in 2011. Staff pay was 9% of spending. $205,974 of its net assets are donor-restricted.
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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