Parc Endowment Fund Number 2 Founded By Alwayne B Gunderson
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 107,970 | 125,459 | −17,489 | 224.8 | 0% |
| 2021 | 379,342 | 140,575 | 238,767 | 232.6 | 0% |
| 2022 | 388,075 | 149,704 | 238,371 | 171.1 | 0% |
| 2023 | 82,686 | 57,129 | 25,557 | 490.9 | 0% |
In its most recent public year (2023), this organization brought in $25,557 more than it spent. Its reserves stood at about 490.9 months of spending, up from 224.8 in 2020. Staff pay was 0% of spending. $2,337,251 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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