Friends Of Banning Park Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 428,924 | 268,647 | 160,277 | 116.6 | 55% |
| 2021 | 287,707 | 253,054 | 34,653 | 150.2 | 54% |
| 2022 | 455,781 | 271,259 | 184,522 | 116.9 | 52% |
| 2023 | 508,438 | 344,134 | 164,304 | 101.1 | 47% |
In its most recent public year (2023), this organization brought in $164,304 more than it spent. Its reserves stood at about 101.1 months of spending, down from 116.6 in 2020. Staff pay was 47% of spending. $2,065,290 of its net assets are donor-restricted.
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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