Grand Strand Business Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 611,303 | 369,048 | 242,255 | 11.7 | 0% |
| 2020 | 133,537 | 413,098 | −279,561 | 2.3 | 0% |
| 2021 | 438,995 | 293,589 | 145,406 | 9.2 | 0% |
| 2022 | 363,878 | 502,848 | −138,970 | 2.1 | 0% |
| 2023 | 625,512 | 372,512 | 253,000 | 10.9 | 0% |
In its most recent public year (2023), this organization brought in $253,000 more than it spent. Its reserves stood at about 10.9 months of spending. 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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