Palumbo Soccer Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 93,127 | 99,365 | −6,238 | 5.4 | — |
| 2016 | 203,844 | 154,175 | 49,669 | 7.4 | 0% |
| 2017 | 289,478 | 253,062 | 36,416 | 6.2 | 0% |
| 2018 | 351,846 | 330,620 | 21,226 | 5.5 | 0% |
| 2019 | 384,685 | 385,740 | −1,055 | 4.7 | 0% |
| 2020 | 158,419 | 119,523 | 38,896 | 18.3 | 0% |
| 2021 | 318,279 | 284,322 | 33,957 | 9.1 | 0% |
| 2022 | 345,619 | 385,236 | −39,617 | 4.6 | 0% |
| 2023 | 461,372 | 497,269 | −35,897 | 2.7 | 0% |
In its most recent public year (2023), this organization spent $35,897 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 5.4 in 2015. 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 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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