Long Island Teachers Benevolent Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 82,106 | 96,450 | −14,344 | 453.6 | 2% |
| 2021 | 63,134 | 126,295 | −63,161 | 342.3 | 2% |
| 2022 | 64,839 | 96,947 | −32,108 | 416.0 | 2% |
| 2023 | 69,429 | 95,454 | −26,025 | 412.7 | 2% |
In its most recent public year (2023), this organization spent $26,025 more than it brought in. Its reserves stood at about 412.7 months of spending, down from 453.6 in 2020. Staff pay was 2% 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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