Albemarle Garden Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 42,281 | 28,319 | 13,962 | 75.1 | — |
| 2022 | 41,634 | 34,297 | 7,337 | 64.6 | — |
| 2023 | 89,453 | 96,819 | −7,366 | 25.4 | — |
In its most recent public year (2023), this organization spent $7,366 more than it brought in. Its reserves stood at about 25.4 months of spending, down from 75.1 in 2021.
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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