Red River Valley Fair Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 48,508 | 34,640 | 13,868 | 17.3 | — |
| 2021 | 17,495 | 15,326 | 2,169 | 40.8 | — |
| 2023 | 87,428 | 80,600 | 6,828 | 10.3 | — |
In its most recent public year (2023), this organization brought in $6,828 more than it spent. Its reserves stood at about 10.3 months of spending, down from 17.3 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 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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