National Association Of Remodeling Industry
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 391,583 | 360,648 | 30,935 | 5.7 | 33% |
| 2021 | 253,063 | 268,182 | −15,119 | 7.0 | 37% |
| 2022 | 344,547 | 378,427 | −33,880 | 3.9 | 33% |
| 2023 | 398,363 | 390,093 | 8,270 | 4.1 | 29% |
In its most recent public year (2023), this organization brought in $8,270 more than it spent. Its reserves stood at about 4.1 months of spending, down from 5.7 in 2020. Staff pay was 29% 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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