Corvette Enthusiasts Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,595 | 24,470 | −21,875 | 33.6 | 0% |
| 2021 | 256 | 12,381 | −12,125 | 54.7 | 0% |
| 2022 | 6,085 | 2,185 | 3,900 | 331.4 | 0% |
In its most recent public year (2022), this organization brought in $3,900 more than it spent. Its reserves stood at about 331.4 months of spending, up from 33.6 in 2020. 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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