Your Palisades Park Improvement Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 270,374 | 40,973 | 229,401 | 73.1 | 0% |
| 2019 | 443,984 | 80,284 | 363,700 | 91.7 | 0% |
| 2020 | 1,076,111 | 944,798 | 131,313 | 9.5 | 3% |
| 2021 | 20,959 | 156,658 | −135,699 | 67.8 | 2% |
| 2022 | 33,624 | 210,997 | −177,373 | 40.2 | 0% |
| 2023 | 377,573 | 200,174 | 177,399 | 53.1 | 0% |
In its most recent public year (2023), this organization brought in $177,399 more than it spent. Its reserves stood at about 53.1 months of spending, down from 73.1 in 2018. Staff pay was 0% of spending.
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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