Carolina Farm Trust Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 65,941 | 56,561 | 9,380 | 3.1 | — |
| 2019 | 161,160 | 242,440 | −81,280 | 1.7 | 18% |
| 2020 | 316,359 | 355,763 | −39,404 | 0.0 | 27% |
| 2021 | 383,561 | 452,958 | −69,397 | 0.0 | 0% |
| 2022 | 1,052,900 | 637,767 | 415,133 | 6.2 | 49% |
| 2023 | 5,509,667 | 1,651,450 | 3,858,217 | 33.3 | 37% |
In its most recent public year (2023), this organization brought in $3,858,217 more than it spent. Its reserves stood at about 33.3 months of spending, up from 3.1 in 2018. Staff pay was 37% of spending. $47,902 of its net assets are donor-restricted.
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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