Madison County Golf Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 465,452 | 382,874 | 82,578 | 5.1 | 43% |
| 2021 | 455,872 | 466,977 | −11,105 | 3.9 | 38% |
| 2022 | 487,015 | 457,901 | 29,114 | 4.7 | 41% |
| 2023 | 586,341 | 503,239 | 83,102 | 6.3 | 43% |
In its most recent public year (2023), this organization brought in $83,102 more than it spent. Its reserves stood at about 6.3 months of spending, up from 5.1 in 2020. Staff pay was 43% 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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