Fargo Kiwanis Club Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 61,782 | 83,759 | −21,977 | 18.7 | — |
| 2021 | 29,979 | 52,903 | −22,924 | 24.4 | — |
| 2022 | 21,446 | 38,426 | −16,980 | 27.8 | — |
| 2023 | 53,500 | 24,426 | 29,074 | 58.0 | — |
| 2024 | 69,909 | 52,839 | 17,070 | 30.7 | — |
In its most recent public year (2024), this organization brought in $17,070 more than it spent. Its reserves stood at about 30.7 months of spending, up from 18.7 in 2020.
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 2024. 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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