Fergus Falls Area Economic Improvement Commission Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 211,024 | 177,305 | 33,719 | 33.8 | 46% |
| 2012 | 186,367 | 188,921 | −2,554 | 31.6 | 48% |
| 2013 | 196,800 | 186,320 | 10,480 | 32.7 | 57% |
| 2014 | 183,770 | 126,441 | 57,329 | 53.6 | 62% |
| 2015 | 168,667 | 154,680 | 13,987 | 44.9 | 75% |
| 2016 | 192,895 | 226,867 | −33,972 | 28.8 | 79% |
| 2017 | 73,279 | 67,633 | 5,646 | 97.7 | 4% |
| 2018 | 45,382 | 154,194 | −108,812 | 34.4 | 0% |
| 2019 | 17,650 | 60,548 | −42,898 | 79.0 | — |
| 2020 | 33,808 | 30,750 | 3,058 | 156.8 | — |
In its most recent public year (2020), this organization brought in $3,058 more than it spent. Its reserves stood at about 156.8 months of spending, up from 33.8 in 2011.
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 2020. 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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