Penick Village Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 470,075 | 344,665 | 125,410 | 61.9 | 0% |
| 2021 | 528,200 | 344,333 | 183,867 | 75.3 | 0% |
| 2022 | 733,887 | 713,449 | 20,438 | 28.4 | 0% |
| 2023 | 1,792,416 | 761,434 | 1,030,982 | 45.0 | 0% |
In its most recent public year (2023), this organization brought in $1,030,982 more than it spent. Its reserves stood at about 45 months of spending, down from 61.9 in 2020. Staff pay was 0% of spending. $521,953 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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