Bangor Young Mens Christian Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 4,935,728 | 4,643,538 | 292,190 | 21.5 | 52% |
| 2021 | 15,937,355 | 5,330,907 | 10,606,448 | 40.5 | 50% |
| 2022 | 7,757,362 | 6,375,514 | 1,381,848 | 33.7 | 46% |
| 2023 | 8,514,863 | 6,539,059 | 1,975,804 | 38.2 | 51% |
In its most recent public year (2023), this organization brought in $1,975,804 more than it spent. Its reserves stood at about 38.2 months of spending, up from 21.5 in 2020. Staff pay was 51% of spending. $14,808,903 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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