Friends Of The Wadena Golf Course
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2014 | 122,596 | 141,841 | −19,245 | -2.7 | — |
| 2015 | 29,772 | 25,258 | 4,514 | -13.0 | — |
| 2016 | 29,400 | 7,601 | 21,799 | -8.9 | — |
| 2017 | 22,228 | 15,746 | 6,482 | 0.7 | — |
| 2021 | 55,381 | 16,796 | 38,585 | -0.8 | — |
| 2022 | 72,346 | 71,084 | 1,262 | 0.0 | — |
| 2023 | 100,584 | 118,965 | −18,381 | -1.8 | — |
In its most recent public year (2023), this organization spent $18,381 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.8 months).
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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