Carl Thomas Korpi Memorial Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 88,925 | 10,030 | 78,895 | 94.4 | — |
| 2019 | 3,925 | 46,786 | −42,861 | 9.2 | — |
| 2020 | 2,136 | 30,120 | −27,984 | 3.2 | — |
In its most recent public year (2020), this organization spent $27,984 more than it brought in. Its reserves stood at about 3.2 months of spending, down from 94.4 in 2018.
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 2020. 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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