Faribault Soccer Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 52,028 | 48,454 | 3,574 | 10.9 | — |
| 2012 | 49,326 | 46,845 | 2,481 | 11.9 | — |
| 2013 | 57,722 | 64,184 | −6,462 | 7.5 | — |
| 2014 | 51,951 | 57,177 | −5,226 | 7.3 | — |
| 2015 | 52,853 | 50,155 | 2,698 | 8.9 | — |
| 2016 | 56,289 | 50,051 | 6,238 | 10.4 | — |
| 2017 | 59,067 | 63,492 | −4,425 | 7.4 | — |
| 2018 | 48,679 | 49,117 | −438 | 9.5 | — |
| 2019 | 49,857 | 41,232 | 8,625 | 13.8 | — |
| 2020 | 12,409 | 25,380 | −12,971 | 16.2 | — |
| 2021 | 41,372 | 36,021 | 5,351 | 13.2 | — |
| 2022 | 50,034 | 50,786 | −752 | 9.2 | — |
| 2023 | 53,328 | 49,285 | 4,043 | 10.5 | — |
In its most recent public year (2023), this organization brought in $4,043 more than it spent. Its reserves stood at about 10.5 months 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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