Redondo Pier Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 86,847 | 79,242 | 7,605 | 11.2 | — |
| 2021 | 93,661 | 69,601 | 24,060 | 16.9 | — |
| 2022 | 45,847 | 69,507 | −23,660 | 12.9 | — |
| 2023 | 96,463 | 80,823 | 15,640 | 13.4 | — |
| 2024 | 72,942 | 79,068 | −6,126 | 12.7 | — |
In its most recent public year (2024), this organization spent $6,126 more than it brought in. Its reserves stood at about 12.7 months of spending, up from 11.2 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 2024. 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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