Myford Elementary School Parent Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 28,300 | 35,614 | −7,314 | 0.0 | 0% |
| 2022 | 68,674 | 61,220 | 7,454 | 0.0 | 0% |
| 2023 | 98,239 | 87,294 | 10,945 | 0.0 | 0% |
| 2024 | 89,038 | 114,362 | −25,324 | 0.0 | 0% |
In its most recent public year (2024), this organization spent $25,324 more than it brought in. Its reserves stood at about 0 months of spending. 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 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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