Le Mars Area Betterment Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,066,234 | 631,514 | 434,720 | 8.6 | 0% |
| 2017 | 823,985 | 478,756 | 345,229 | 20.0 | 0% |
| 2018 | 29,103 | 543,631 | −514,528 | 75.7 | 0% |
| 2019 | 4,923 | 626,839 | −621,916 | 53.7 | 0% |
| 2020 | 1,535 | 984,912 | −983,377 | 22.2 | 0% |
| 2021 | 3,727 | 103,972 | −100,245 | 198.9 | 0% |
| 2022 | 8,004 | 8,277 | −273 | 2498.6 | 0% |
| 2023 | 56,017 | 1,193,519 | −1,137,502 | 5.9 | 0% |
In its most recent public year (2023), this organization spent $1,137,502 more than it brought in. Its reserves stood at about 5.9 months of spending, down from 8.6 in 2016. Staff pay was 0% 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
Le Mars Area Betterment Foundation'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