Carnation Farms
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 1,688,267 | 1,055,643 | 632,624 | 7.5 | 53% |
| 2017 | 3,750,469 | 3,503,355 | 247,114 | 13.5 | 45% |
| 2018 | 3,301,036 | 3,315,790 | −14,754 | 12.7 | 52% |
| 2019 | 3,948,235 | 3,596,318 | 351,917 | 10.7 | 51% |
| 2020 | 3,707,378 | 2,954,105 | 753,273 | 13.4 | 55% |
| 2021 | 3,637,966 | 3,632,350 | 5,616 | 6.2 | 48% |
| 2022 | 3,163,365 | 3,040,145 | 123,220 | 7.9 | 39% |
| 2023 | 3,265,731 | 3,614,287 | −348,556 | 5.5 | 39% |
In its most recent public year (2023), this organization spent $348,556 more than it brought in. Its reserves stood at about 5.5 months of spending, down from 7.5 in 2016. Staff pay was 39% of spending. $704,069 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 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
Carnation Farms's IRS filings as a feed — one entry per filing year, through 2023. 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