Admiral Farragut Memorial Building Association On Hastings-On-Hudson
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 19,212 | 121,153 | −101,941 | 29.3 | 0% |
| 2021 | 20,463 | 17,535 | 2,928 | 203.2 | 0% |
| 2022 | 36,956 | 21,560 | 15,396 | 156.1 | 0% |
| 2023 | 27,571 | 36,327 | −8,756 | 88.7 | 0% |
In its most recent public year (2023), this organization spent $8,756 more than it brought in. Its reserves stood at about 88.7 months of spending, up from 29.3 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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