Piqua Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,376,786 | 832,626 | 544,160 | 216.1 | 9% |
| 2021 | 2,358,961 | 1,488,740 | 870,221 | 136.9 | 4% |
| 2022 | 2,647,801 | 1,102,572 | 1,545,229 | 159.0 | 8% |
| 2023 | 1,798,698 | 1,176,118 | 622,580 | 175.4 | 10% |
In its most recent public year (2023), this organization brought in $622,580 more than it spent. Its reserves stood at about 175.4 months of spending, down from 216.1 in 2020. Staff pay was 10% of spending. $12,410,195 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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