Prospect Park Track Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 242,288 | 230,524 | 11,764 | 8.2 | 0% |
| 2021 | 99,813 | 116,683 | −16,870 | 14.4 | — |
| 2022 | 263,858 | 196,343 | 67,515 | 12.7 | 0% |
| 2023 | 293,258 | 320,025 | −26,767 | 6.8 | 0% |
In its most recent public year (2023), this organization spent $26,767 more than it brought in. Its reserves stood at about 6.8 months of spending, down from 8.2 in 2020. Staff pay was 0% 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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