Carteret Business Partnership Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 18,233,481 | 2,475,249 | 15,758,232 | 275.1 | 0% |
| 2021 | 5,905,215 | 3,215,267 | 2,689,948 | 223.3 | 0% |
| 2022 | 5,882,291 | 5,170,919 | 711,372 | 140.5 | 0% |
| 2023 | 9,935,166 | 8,303,745 | 1,631,421 | 89.9 | 0% |
In its most recent public year (2023), this organization brought in $1,631,421 more than it spent. Its reserves stood at about 89.9 months of spending, down from 275.1 in 2020. Staff pay was 0% of spending. $10,129,541 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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