Costello School Parent Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 56,109 | 27,920 | 28,189 | 21.0 | — |
| 2023 | 60,475 | 28,168 | 32,307 | 12.7 | — |
| 2024 | 44,879 | 11,990 | 32,889 | 18.9 | — |
In its most recent public year (2024), this organization brought in $32,889 more than it spent. Its reserves stood at about 18.9 months of spending, down from 21 in 2020.
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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