Torrance Youth Football & Cheerleading Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 23,941 | 6,759 | 17,182 | 39.2 | — |
| 2021 | 45,897 | 50,778 | −4,881 | 4.1 | — |
| 2022 | 78,529 | 84,854 | −6,325 | 1.5 | — |
| 2023 | 78,305 | 70,892 | 7,413 | 3.1 | — |
In its most recent public year (2023), this organization brought in $7,413 more than it spent. Its reserves stood at about 3.1 months of spending, down from 39.2 in 2020.
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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