Operating record

Potosi Foundation Inc

Potosi, WI · EIN 39-2000608 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$66,973$313,533−$246,560-61.914%
2021$1,261,402$331,027$930,3750.115%
2022$368,590$465,383−$96,7931.517%
2023$396,469$496,406−$99,9376.617%

In its most recent public year (2023), this organization spent $99,937 more than it brought in. Its reserves stood at about 6.6 months of spending, up from -61.9 in 2020. Staff pay was 17% 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 ↗