Ferret Association Of Connecticut Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 93,355 | 63,778 | 29,577 | 18.5 | 27% |
| 2020 | 89,197 | 56,668 | 32,529 | 28.9 | 31% |
| 2021 | 92,251 | 62,101 | 30,150 | 33.5 | 29% |
| 2022 | 593,830 | 93,900 | 499,930 | 76.6 | 20% |
| 2023 | 82,357 | 66,431 | 15,926 | 119.3 | 29% |
In its most recent public year (2023), this organization brought in $15,926 more than it spent. Its reserves stood at about 119.3 months of spending, up from 18.5 in 2019. Staff pay was 29% of spending. $32,037 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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