Greater Fergus Falls Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 128,140 | 89,378 | 38,762 | 5.2 | — |
| 2019 | 234,241 | 237,285 | −3,044 | 1.8 | 56% |
| 2020 | 405,146 | 302,030 | 103,116 | 5.5 | 62% |
| 2021 | 264,645 | 259,943 | 4,702 | 6.6 | 52% |
| 2022 | 400,669 | 294,903 | 105,766 | 10.1 | 38% |
| 2023 | 186,827 | 235,664 | −48,837 | 10.2 | 47% |
In its most recent public year (2023), this organization spent $48,837 more than it brought in. Its reserves stood at about 10.2 months of spending, up from 5.2 in 2018. Staff pay was 47% 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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