Luverne Country Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 292,704 | 331,838 | −39,134 | 18.8 | 30% |
| 2012 | 319,925 | 340,877 | −20,952 | 17.6 | 30% |
| 2013 | 327,483 | 338,790 | −11,307 | 17.4 | 30% |
| 2014 | 311,899 | 323,062 | −11,163 | 17.8 | 35% |
| 2015 | 304,858 | 355,170 | −50,312 | 14.4 | 34% |
| 2016 | 378,435 | 341,566 | 36,869 | 16.3 | 33% |
| 2017 | 348,742 | 358,738 | −9,996 | 15.2 | 32% |
| 2018 | 283,053 | 346,964 | −63,911 | 13.5 | 30% |
| 2019 | 296,848 | 337,185 | −40,337 | 12.5 | 31% |
| 2020 | 255,841 | 325,305 | −69,464 | 10.3 | 23% |
| 2021 | 322,750 | 309,793 | 12,957 | 13.3 | 17% |
| 2022 | 283,994 | 318,395 | −34,401 | 11.6 | 23% |
| 2023 | 391,322 | 335,860 | 55,462 | 13.0 | 26% |
In its most recent public year (2023), this organization brought in $55,462 more than it spent. Its reserves stood at about 13 months of spending, down from 18.8 in 2011. Staff pay was 26% 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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