Valparaiso Parks And Recreation Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 199,700 | 268,237 | −68,537 | 12.2 | 0% |
| 2021 | 384,344 | 162,521 | 221,823 | 36.3 | 0% |
| 2022 | 993,099 | 277,061 | 716,038 | 51.5 | 0% |
| 2023 | 711,434 | 1,150,694 | −439,260 | 7.9 | 0% |
In its most recent public year (2023), this organization spent $439,260 more than it brought in. Its reserves stood at about 7.9 months of spending, down from 12.2 in 2020. Staff pay was 0% of spending. $407,619 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 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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