Hudsonville Community Fair
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 83,834 | 185,220 | −101,386 | 150.1 | 1% |
| 2021 | 688,648 | 421,235 | 267,413 | 73.6 | 0% |
| 2022 | 884,637 | 516,689 | 367,948 | 68.6 | 0% |
| 2023 | 744,072 | 571,977 | 172,095 | 65.5 | 0% |
In its most recent public year (2023), this organization brought in $172,095 more than it spent. Its reserves stood at about 65.5 months of spending, down from 150.1 in 2020. Staff pay was 0% 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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