Pinegrove Development Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 284,838 | 342,109 | −57,271 | 87.8 | 0% |
| 2021 | 289,523 | 341,409 | −51,886 | 86.2 | 0% |
| 2022 | 296,881 | 368,690 | −71,809 | 77.5 | 0% |
| 2023 | 300,226 | 383,532 | −83,306 | 71.9 | 0% |
In its most recent public year (2023), this organization spent $83,306 more than it brought in. Its reserves stood at about 71.9 months of spending, down from 87.8 in 2020. Staff pay was 0% of spending. $3,358,900 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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