Italian Community Of Akron Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 13,005 | 12,269 | 736 | 110.3 | — |
| 2020 | 6,703 | 7,519 | −816 | 178.7 | — |
| 2021 | 3,450 | 9,658 | −6,208 | 131.4 | — |
| 2022 | 11,712 | 13,070 | −1,358 | 95.9 | — |
| 2023 | 25,779 | 15,295 | 10,484 | 90.1 | — |
In its most recent public year (2023), this organization brought in $10,484 more than it spent. Its reserves stood at about 90.1 months of spending, down from 110.3 in 2019.
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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