Textile Bag & Packaging Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 42,835 | 54,381 | −11,546 | 7.2 | — |
| 2021 | 62,551 | 67,996 | −5,445 | 4.8 | — |
| 2022 | 74,398 | 81,752 | −7,354 | 2.9 | — |
| 2023 | 65,336 | 73,729 | −8,393 | 1.9 | — |
In its most recent public year (2023), this organization spent $8,393 more than it brought in. Its reserves stood at about 1.9 months of spending, down from 7.2 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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