Peaks Island Land Preserve
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 487,078 | 10,021 | 477,057 | 2372.3 | 0% |
| 2022 | 34,703 | 17,925 | 16,778 | 1337.5 | 0% |
| 2023 | 36,395 | 27,384 | 9,011 | 880.7 | 0% |
In its most recent public year (2023), this organization brought in $9,011 more than it spent. Its reserves stood at about 880.7 months of spending, down from 2372.3 in 2021. Staff pay was 0% of spending. $1,833,700 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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