Putnam County Aging Program Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,395,598 | 7,058,094 | 1,337,504 | 9.6 | 36% |
| 2021 | 9,555,674 | 7,817,259 | 1,738,415 | 11.3 | 26% |
| 2022 | 9,521,489 | 7,992,046 | 1,529,443 | 13.4 | 29% |
| 2023 | 8,611,981 | 8,099,197 | 512,784 | 14.0 | 37% |
In its most recent public year (2023), this organization brought in $512,784 more than it spent. Its reserves stood at about 14 months of spending, up from 9.6 in 2020. Staff pay was 37% of spending. $1,011,329 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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