James Madison High School Alumni Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 72,739 | 50,767 | 21,972 | 48.7 | — |
| 2021 | 62,479 | 87,055 | −24,576 | 25.0 | 0% |
| 2022 | 70,374 | 89,518 | −19,144 | 21.8 | 0% |
| 2023 | 65,665 | 94,290 | −28,625 | 17.0 | 0% |
In its most recent public year (2023), this organization spent $28,625 more than it brought in. Its reserves stood at about 17 months of spending, down from 48.7 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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