Franco Veterans Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 200,864 | 136,465 | 64,399 | 20.5 | 0% |
| 2020 | 51,225 | 90,194 | −38,969 | 26.3 | 0% |
| 2021 | 192,934 | 209,354 | −16,420 | 10.4 | 34% |
| 2022 | 196,164 | 214,779 | −18,615 | 9.1 | 41% |
| 2023 | 198,451 | 222,975 | −24,524 | 7.4 | 53% |
In its most recent public year (2023), this organization spent $24,524 more than it brought in. Its reserves stood at about 7.4 months of spending, down from 20.5 in 2019. Staff pay was 53% 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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