Long Island Business Aviation Association Libaa
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 50,974 | 44,151 | 6,823 | 21.0 | 0% |
| 2013 | 61,543 | 50,806 | 10,737 | 20.8 | 0% |
| 2014 | 41,340 | 41,355 | −15 | 25.6 | 0% |
| 2015 | 79,270 | 46,724 | 32,546 | 31.0 | 0% |
| 2016 | 51,732 | 32,379 | 19,353 | 51.9 | 0% |
| 2017 | 52,788 | 35,042 | 17,746 | 54.0 | 0% |
| 2018 | 84,012 | 55,076 | 28,936 | 40.7 | 0% |
| 2019 | 81,393 | 57,587 | 23,806 | 45.4 | 0% |
| 2020 | 58,706 | 42,061 | 16,645 | 66.9 | 0% |
| 2021 | 69,938 | 63,531 | 6,407 | 45.5 | 0% |
| 2022 | 82,990 | 57,293 | 25,697 | 55.9 | 0% |
| 2023 | 93,959 | 62,968 | 30,991 | 56.7 | 0% |
In its most recent public year (2023), this organization brought in $30,991 more than it spent. Its reserves stood at about 56.7 months of spending, up from 21 in 2012. 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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