Long Beach Bar Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 206,361 | 179,083 | 27,278 | 11.2 | 60% |
| 2021 | 549,874 | 464,856 | 85,018 | 6.5 | 59% |
| 2022 | 286,371 | 271,101 | 15,270 | 11.9 | 47% |
| 2023 | 287,798 | 295,576 | −7,778 | 10.6 | 40% |
In its most recent public year (2023), this organization spent $7,778 more than it brought in. Its reserves stood at about 10.6 months of spending. Staff pay was 40% 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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