Toledo Futbol Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 237,381 | 250,032 | −12,651 | 1.6 | — |
| 2022 | 1,508,525 | 1,727,548 | −219,023 | 3.3 | 5% |
| 2023 | 1,999,996 | 1,868,816 | 131,180 | 3.9 | 5% |
In its most recent public year (2023), this organization brought in $131,180 more than it spent. Its reserves stood at about 3.9 months of spending, up from 1.6 in 2010. Staff pay was 5% 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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