Retired Employees Of Kern County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 117,078 | 55,027 | 62,051 | 45.6 | — |
| 2012 | 131,418 | 59,546 | 71,872 | 56.7 | — |
| 2013 | 135,133 | 115,770 | 19,363 | 31.2 | — |
| 2014 | 137,244 | 123,872 | 13,372 | 30.4 | — |
| 2015 | 137,984 | 95,964 | 42,020 | 44.5 | — |
| 2016 | 149,375 | 115,422 | 33,953 | 40.5 | — |
| 2017 | 139,134 | 103,648 | 35,486 | 49.2 | — |
| 2018 | 144,778 | 111,154 | 33,624 | 49.6 | — |
| 2019 | 158,879 | 105,160 | 53,719 | 58.5 | 0% |
| 2020 | 144,347 | 85,220 | 59,127 | 80.5 | 0% |
| 2021 | 144,220 | 96,643 | 47,577 | 76.9 | 0% |
| 2022 | 150,852 | 124,777 | 26,075 | 56.7 | 0% |
| 2023 | 146,883 | 140,210 | 6,673 | 51.0 | 0% |
In its most recent public year (2023), this organization brought in $6,673 more than it spent. Its reserves stood at about 51 months of spending, up from 45.6 in 2011. 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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