Friends Of Port Clinton Parks Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 19,980 | 12,755 | 7,225 | 17.3 | — |
| 2021 | 94,010 | 7,078 | 86,932 | 178.5 | — |
| 2022 | 108,672 | 73,040 | 35,632 | 23.2 | — |
| 2023 | 38,803 | 156,332 | −117,529 | 1.8 | — |
In its most recent public year (2023), this organization spent $117,529 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 17.3 in 2020.
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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