Romeo Band Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 40,419 | 22,422 | 17,997 | 30.8 | 0% |
| 2018 | 28,442 | 14,605 | 13,837 | 45.3 | — |
| 2019 | 25,517 | 26,603 | −1,086 | 24.4 | — |
| 2020 | 49,376 | 19,359 | 30,017 | 52.1 | — |
| 2021 | 934 | 34,247 | −33,313 | 17.8 | — |
| 2022 | 23,030 | 33,217 | −10,187 | 14.6 | — |
| 2023 | 47,137 | 44,522 | 2,615 | 11.6 | — |
In its most recent public year (2023), this organization brought in $2,615 more than it spent. Its reserves stood at about 11.6 months of spending, down from 30.8 in 2017.
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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