The Iron Island Preservation Society Of Lovejoy Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 85,020 | 88,040 | −3,020 | 16.1 | — |
| 2018 | 24,512 | 25,182 | −670 | 55.9 | — |
| 2019 | 35,900 | 37,561 | −1,661 | 36.9 | — |
| 2020 | 21,814 | 27,544 | −5,730 | 47.9 | — |
| 2021 | 24,719 | 27,037 | −2,318 | 47.7 | — |
| 2022 | 13,782 | 16,253 | −2,471 | 77.4 | — |
| 2023 | 24,637 | 24,811 | −174 | 50.6 | — |
In its most recent public year (2023), this organization spent $174 more than it brought in. Its reserves stood at about 50.6 months of spending, up from 16.1 in 2017.
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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