The Farmington Community Chest Incorporated
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2021 | $134,470 | $77,993 | $56,477 | 61.3 | 0% |
| 2022 | $149,081 | $79,108 | $69,973 | 66.3 | 0% |
| 2023 | $145,303 | $157,515 | −$12,212 | 33.5 | 0% |
In its most recent public year (2023), this organization spent $12,212 more than it brought in. Its reserves stood at about 33.5 months of spending, down from 61.3 in 2021. Staff pay was 0% of spending. $40,152 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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