Farm Equipment Manufacturers Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 819,676 | 702,639 | 117,037 | 84.5 | 50% |
| 2021 | 709,854 | 828,845 | −118,991 | 75.5 | 53% |
| 2022 | 923,223 | 965,082 | −41,859 | 57.5 | 43% |
| 2023 | 1,035,732 | 1,160,398 | −124,666 | 47.6 | 40% |
In its most recent public year (2023), this organization spent $124,666 more than it brought in. Its reserves stood at about 47.6 months of spending, down from 84.5 in 2020. Staff pay was 40% of spending. $425,000 of its net assets are donor-restricted.
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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