Frazee Community Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 81,522 | 172,886 | −91,364 | 44.3 | 17% |
| 2021 | 227,793 | 220,869 | 6,924 | 35.1 | 2% |
| 2022 | 217,461 | 130,977 | 86,484 | 67.1 | 12% |
| 2023 | 184,386 | 154,493 | 29,893 | 59.2 | 15% |
In its most recent public year (2023), this organization brought in $29,893 more than it spent. Its reserves stood at about 59.2 months of spending, up from 44.3 in 2020. Staff pay was 15% 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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