Midwest Forage Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 195,521 | 190,885 | 4,636 | 10.3 | 0% |
| 2021 | 156,809 | 149,626 | 7,183 | 13.7 | 0% |
| 2022 | 201,968 | 198,118 | 3,850 | 10.6 | 0% |
| 2023 | 229,915 | 203,129 | 26,786 | 11.9 | 0% |
In its most recent public year (2023), this organization brought in $26,786 more than it spent. Its reserves stood at about 11.9 months of spending, up from 10.3 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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