National Association Of Bond Lawyers
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,572,441 | 2,772,709 | −200,268 | 15.9 | 36% |
| 2012 | 2,657,261 | 2,307,996 | 349,265 | 21.7 | 38% |
| 2013 | 2,456,490 | 2,383,622 | 72,868 | 21.6 | 37% |
| 2014 | 2,723,718 | 2,633,619 | 90,099 | 20.1 | 34% |
| 2015 | 2,752,075 | 2,694,400 | 57,675 | 18.7 | 36% |
| 2016 | 2,696,977 | 2,640,931 | 56,046 | 19.8 | 37% |
| 2017 | 2,872,498 | 2,928,692 | −56,194 | 18.2 | 39% |
| 2018 | 2,722,101 | 2,781,569 | −59,468 | 17.7 | 35% |
| 2019 | 2,691,469 | 2,857,030 | −165,561 | 18.0 | 36% |
| 2020 | 2,024,736 | 1,950,310 | 74,426 | 28.2 | 53% |
| 2021 | 2,547,658 | 2,225,325 | 322,333 | 27.0 | 44% |
| 2022 | 2,630,749 | 3,161,833 | −531,084 | 13.8 | 30% |
| 2023 | 2,372,564 | 3,029,392 | −656,828 | 12.4 | 34% |
In its most recent public year (2023), this organization spent $656,828 more than it brought in. Its reserves stood at about 12.4 months of spending, down from 15.9 in 2011. Staff pay was 34% 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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