Grand Forks Country Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,497,252 | 1,410,861 | 86,391 | 3.5 | 44% |
| 2021 | 1,945,535 | 1,974,839 | −29,304 | 2.3 | 40% |
| 2022 | 2,344,419 | 2,324,550 | 19,869 | 2.1 | 38% |
| 2023 | 2,396,646 | 2,163,467 | 233,179 | 3.5 | 42% |
In its most recent public year (2023), this organization brought in $233,179 more than it spent. Its reserves stood at about 3.5 months of spending. Staff pay was 42% 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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