Ida M Mcfarlin Memorial Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 575,267 | 894,857 | −319,590 | 222.5 | 7% |
| 2021 | 1,937,703 | 933,325 | 1,004,378 | 225.7 | 7% |
| 2022 | 840,336 | 1,001,887 | −161,551 | 207.5 | 6% |
| 2023 | 697,733 | 988,714 | −290,981 | 206.5 | 6% |
In its most recent public year (2023), this organization spent $290,981 more than it brought in. Its reserves stood at about 206.5 months of spending, down from 222.5 in 2020. Staff pay was 6% 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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