Clemmons Family Farm
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 498,087 | 296,354 | 201,733 | 8.4 | 12% |
| 2021 | 545,386 | 442,219 | 103,167 | 8.4 | 30% |
| 2022 | 754,405 | 472,255 | 282,150 | 15.0 | 39% |
| 2023 | 1,934,049 | 697,795 | 1,236,254 | 31.4 | 37% |
In its most recent public year (2023), this organization brought in $1,236,254 more than it spent. Its reserves stood at about 31.4 months of spending, up from 8.4 in 2020. Staff pay was 37% of spending. $1,596,031 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
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