Newton-Conover Band Booster Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,980 | 15,409 | −8,429 | 17.6 | 0% |
| 2021 | 75,574 | 65,365 | 10,209 | 6.0 | 0% |
| 2022 | 100,105 | 70,669 | 29,436 | 10.6 | 0% |
| 2023 | 78,333 | 79,058 | −725 | 9.3 | 0% |
In its most recent public year (2023), this organization spent $725 more than it brought in. Its reserves stood at about 9.3 months of spending, down from 17.6 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 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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