Rains County Fair Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 199,709 | 204,417 | −4,708 | 13.5 | 0% |
| 2021 | 431,346 | 396,364 | 34,982 | 8.0 | 0% |
| 2022 | 462,793 | 416,153 | 46,640 | 9.0 | 0% |
| 2023 | 402,165 | 385,618 | 16,547 | 10.2 | 0% |
In its most recent public year (2023), this organization brought in $16,547 more than it spent. Its reserves stood at about 10.2 months of spending, down from 13.5 in 2020. Staff pay was 0% 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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