Southern Cotton Ginners Assoc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 684,652 | 761,968 | −77,316 | 46.2 | 46% |
| 2022 | 1,221,584 | 1,201,983 | 19,601 | 28.5 | 30% |
| 2023 | 1,238,617 | 1,168,103 | 70,514 | 28.3 | 33% |
| 2024 | 1,364,987 | 1,276,509 | 88,478 | 28.0 | 31% |
In its most recent public year (2024), this organization brought in $88,478 more than it spent. Its reserves stood at about 28 months of spending, down from 46.2 in 2021. Staff pay was 31% 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 2024. 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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