Mount Rushmore Area Association Of Realtors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 522,303 | 493,329 | 28,974 | 0.5 | 20% |
| 2021 | 592,470 | 583,374 | 9,096 | 0.6 | 17% |
| 2022 | 662,331 | 686,317 | −23,986 | 0.1 | 15% |
| 2023 | 776,995 | 771,828 | 5,167 | 0.2 | 7% |
In its most recent public year (2023), this organization brought in $5,167 more than it spent. Its reserves stood at about 0.2 months of spending. Staff pay was 7% 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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