Glendale Convention Visitors And Business Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 269,713 | 151,600 | 118,113 | 9.5 | 73% |
| 2021 | 438,338 | 255,264 | 183,074 | 14.3 | 46% |
| 2022 | 420,008 | 360,759 | 59,249 | 12.1 | 36% |
| 2023 | 437,973 | 400,673 | 37,300 | 12.0 | 38% |
In its most recent public year (2023), this organization brought in $37,300 more than it spent. Its reserves stood at about 12 months of spending, up from 9.5 in 2020. Staff pay was 38% 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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