everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Faribo Area Senior Citizens Inc

Faribault, MN / EIN 41-1288388 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2011260,334207,79952,53539.855%
2012232,526210,24822,27841.855%
2013232,815223,8758,94042.052%
2014241,253229,60011,65342.152%
2015422,052232,695189,35749.653%
2016637,196217,311419,88577.450%
2017754,897202,142552,755118.752%
2018558,380222,822335,558123.650%
2019504,934290,098214,836105.237%
2020303,740259,35644,384120.434%
2021354,919266,63488,285121.836%
2022230,594305,024−74,430101.039%
2023265,048325,535−60,48793.440%

In its most recent public year (2023), this organization spent $60,487 more than it brought in. Its reserves stood at about 93.4 months of spending, up from 39.8 in 2011. Staff pay was 40% 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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