Greater Opportunities For Broome And Chenango Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 7,676,822 | 7,546,679 | 130,143 | 20.4 | 53% |
| 2021 | 13,099,153 | 10,105,492 | 2,993,661 | 18.8 | 56% |
| 2022 | 16,486,278 | 10,714,622 | 5,771,656 | 24.2 | 52% |
| 2023 | 18,210,133 | 13,125,864 | 5,084,269 | 24.4 | 50% |
In its most recent public year (2023), this organization brought in $5,084,269 more than it spent. Its reserves stood at about 24.4 months of spending, up from 20.4 in 2020. Staff pay was 50% of spending. $18,343 of its net assets are donor-restricted.
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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