Rotary Club Of La Quinta Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,519 | 9,461 | 1,058 | 270.9 | 0% |
| 2021 | 15,465 | 11,150 | 4,315 | 259.2 | 0% |
| 2022 | 11,481 | 960 | 10,521 | 2570.1 | 0% |
In its most recent public year (2022), this organization brought in $10,521 more than it spent. Its reserves stood at about 2570.1 months of spending, up from 270.9 in 2020. Staff pay was 0% of spending. $68,550 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 2022. 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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