Community Action Of Pequot Lakes
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 20,233 | 34,695 | −14,462 | 8.6 | — |
| 2021 | 92,287 | 72,806 | 19,481 | 9.2 | — |
| 2022 | 36,436 | 39,964 | −3,528 | 17.8 | — |
| 2023 | 68,209 | 71,269 | −3,060 | 9.5 | — |
In its most recent public year (2023), this organization spent $3,060 more than it brought in. Its reserves stood at about 9.5 months 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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