Fairhope Single Tax Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 4,899,041 | 5,051,811 | −152,770 | 13.8 | 3% |
| 2012 | 4,490,348 | 3,953,874 | 536,474 | 19.3 | 4% |
| 2013 | 4,562,878 | 4,183,992 | 378,886 | 16.9 | 4% |
| 2014 | 4,797,908 | 4,258,461 | 539,447 | 18.1 | 5% |
| 2015 | 5,026,154 | 5,419,175 | −393,021 | 13.4 | 2% |
| 2016 | 5,445,288 | 6,374,267 | −928,979 | 9.6 | 3% |
| 2017 | 5,987,166 | 5,141,687 | 845,479 | 13.9 | 4% |
| 2018 | 6,365,062 | 5,968,767 | 396,295 | 12.8 | 4% |
| 2019 | 6,793,126 | 7,095,597 | −302,471 | 10.2 | 3% |
| 2020 | 7,564,284 | 6,722,155 | 842,129 | 12.3 | 4% |
| 2021 | 8,332,566 | 8,172,567 | 159,999 | 10.4 | 3% |
| 2022 | 9,355,680 | 8,683,124 | 672,556 | 10.7 | 3% |
In its most recent public year (2022), this organization brought in $672,556 more than it spent. Its reserves stood at about 10.7 months of spending, down from 13.8 in 2011. Staff pay was 3% of spending. $39,200 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 2022. 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
Fairhope Single Tax Corporation's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works