American Legion Post 581
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 148,077 | 111,529 | 36,548 | 92.5 | 0% |
| 2022 | 184,611 | 63,142 | 121,469 | 138.4 | 0% |
| 2023 | 137,623 | 169,603 | −31,980 | 47.4 | 28% |
| 2024 | 210,889 | 290,538 | −79,649 | 26.4 | 17% |
In its most recent public year (2024), this organization spent $79,649 more than it brought in. Its reserves stood at about 26.4 months of spending, down from 92.5 in 2021. Staff pay was 17% 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 2024. 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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