Fayette Main St Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 580,591 | 36,424 | 544,167 | 173.4 | 0% |
| 2017 | 19,748 | 43,059 | −23,311 | 140.2 | 0% |
| 2018 | 17,067 | 36,099 | −19,032 | 160.9 | 0% |
| 2019 | 20,330 | 30,987 | −10,657 | 183.3 | 0% |
| 2020 | −119,019 | 61,111 | −180,130 | 57.6 | 44% |
| 2021 | 37,771 | 58,197 | −20,426 | 56.2 | 62% |
| 2022 | 82,234 | 117,628 | −35,394 | 24.2 | 39% |
| 2023 | 113,551 | 120,266 | −6,715 | 23.0 | 28% |
In its most recent public year (2023), this organization spent $6,715 more than it brought in. Its reserves stood at about 23 months of spending, down from 173.4 in 2016. Staff pay was 28% 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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