Farmington Area Single Track
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 275 | 75 | 200 | 32.0 | — |
| 2020 | 3,658 | 221 | 3,437 | 198.6 | — |
| 2021 | 20,441 | 3,555 | 16,886 | 70.1 | — |
| 2022 | 29,245 | 24,332 | 4,913 | 19.4 | — |
| 2023 | 41,431 | 44,788 | −3,357 | 9.6 | — |
In its most recent public year (2023), this organization spent $3,357 more than it brought in. Its reserves stood at about 9.6 months of spending, down from 32 in 2019.
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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