Libbie Grove Merchants Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 15,658 | 31,556 | −15,898 | 16.6 | — |
| 2021 | 50,998 | 53,723 | −2,725 | 9.2 | — |
| 2022 | 67,410 | 57,817 | 9,593 | 10.5 | — |
| 2023 | 62,570 | 59,535 | 3,035 | 10.8 | — |
In its most recent public year (2023), this organization brought in $3,035 more than it spent. Its reserves stood at about 10.8 months of spending, down from 16.6 in 2020.
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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