Fargo-Moorhead Area Foundation Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 5,535,615 | 2,962,957 | 2,572,658 | 196.0 | 9% |
| 2011 | 4,568,486 | 2,183,412 | 2,385,074 | 271.0 | 12% |
| 2012 | 4,894,397 | 3,030,663 | 1,863,734 | 213.8 | 9% |
| 2013 | 11,165,560 | 2,639,163 | 8,526,397 | 291.9 | 12% |
| 2014 | 6,495,068 | 3,603,792 | 2,891,276 | 219.1 | 12% |
| 2015 | 5,307,082 | 3,128,563 | 2,178,519 | 244.3 | 13% |
| 2016 | 4,520,214 | 3,994,381 | 525,833 | 201.2 | 10% |
| 2017 | 7,280,429 | 4,231,654 | 3,048,775 | 216.3 | 10% |
| 2018 | 10,950,631 | 4,037,273 | 6,913,358 | 221.0 | 11% |
| 2019 | 20,801,113 | 7,081,605 | 13,719,508 | 163.6 | 7% |
| 2020 | 6,779,657 | 8,210,800 | −1,431,143 | 152.9 | 7% |
| 2021 | 30,025,035 | 13,055,750 | 16,969,285 | 111.5 | 5% |
| 2022 | 5,201,937 | 11,250,336 | −6,048,399 | 103.1 | 5% |
| 2023 | 8,034,362 | 9,175,156 | −1,140,794 | 140.9 | 7% |
In its most recent public year (2023), this organization spent $1,140,794 more than it brought in. Its reserves stood at about 140.9 months of spending, down from 196 in 2010. Staff pay was 7% of spending. $107,291,029 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
Fargo-Moorhead Area Foundation Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works