Fletcher Place Community Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 640,709 | 568,526 | 72,183 | 10.3 | 55% |
| 2021 | 756,821 | 607,005 | 149,816 | 12.6 | 53% |
| 2022 | 871,759 | 734,729 | 137,030 | 12.6 | 57% |
| 2023 | 1,454,563 | 929,522 | 525,041 | 16.8 | 57% |
In its most recent public year (2023), this organization brought in $525,041 more than it spent. Its reserves stood at about 16.8 months of spending, up from 10.3 in 2020. Staff pay was 57% 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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