Pitney Bowes Long Term Disability Plan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,379,955 | 2,778,239 | −398,284 | -19.7 | 0% |
| 2020 | 2,281,432 | 2,851,360 | −569,928 | -21.6 | 0% |
| 2021 | 3,021,448 | 3,089,167 | −67,719 | -20.2 | 0% |
| 2022 | 2,384,828 | 3,153,428 | −768,600 | -22.7 | 0% |
| 2023 | 2,345,929 | 2,639,232 | −293,303 | -28.4 | 0% |
In its most recent public year (2023), this organization spent $293,303 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-28.4 months), down from -19.7 in 2019. 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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