Dakota Lakes Research Farm
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 265,282 | 424,738 | −159,456 | 39.6 | 4% |
| 2021 | 713,338 | 356,594 | 356,744 | 59.2 | 6% |
| 2022 | 495,308 | 510,274 | −14,966 | 41.0 | 3% |
| 2023 | 665,261 | 520,045 | 145,216 | 43.6 | 2% |
In its most recent public year (2023), this organization brought in $145,216 more than it spent. Its reserves stood at about 43.6 months of spending, up from 39.6 in 2020. Staff pay was 2% 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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