Carolina Dealerships Inc Welfare Benefit Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 17,175,923 | 16,946,647 | 229,276 | 2.0 | 0% |
| 2021 | 19,497,853 | 20,235,507 | −737,654 | 0.8 | 0% |
| 2022 | 23,004,589 | 22,273,623 | 730,966 | 1.7 | 0% |
In its most recent public year (2022), this organization brought in $730,966 more than it spent. Its reserves stood at about 1.7 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 2022. 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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