Parents Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 550,723 | 497,563 | 53,160 | 10.6 | 16% |
| 2021 | 543,209 | 506,152 | 37,057 | 11.3 | 16% |
| 2022 | 569,053 | 544,480 | 24,573 | 11.0 | 16% |
| 2023 | 549,040 | 539,928 | 9,112 | 11.3 | 63% |
In its most recent public year (2023), this organization brought in $9,112 more than it spent. Its reserves stood at about 11.3 months of spending. Staff pay was 63% of spending. $24,144 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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