Farmington Property Owners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 144,752 | 70,688 | 74,064 | 133.3 | 0% |
| 2021 | 95,775 | 77,541 | 18,234 | 124.3 | 0% |
| 2022 | 149,567 | 220,591 | −71,024 | 39.8 | 0% |
| 2023 | 299,382 | 97,818 | 201,564 | 114.5 | 0% |
In its most recent public year (2023), this organization brought in $201,564 more than it spent. Its reserves stood at about 114.5 months of spending, down from 133.3 in 2020. 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
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