Palms For Life Fund Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 193,925 | 124,878 | 69,047 | 12.2 | — |
| 2021 | 2,374,215 | 1,695,580 | 678,635 | 5.7 | 6% |
| 2022 | 4,376,813 | 4,498,697 | −121,884 | 1.9 | 3% |
| 2023 | 5,772,982 | 5,114,557 | 658,425 | 3.0 | 3% |
In its most recent public year (2023), this organization brought in $658,425 more than it spent. Its reserves stood at about 3 months of spending, down from 12.2 in 2020. Staff pay was 3% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works