Petawa Residence And Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,291,267 | 325,342 | 965,925 | 167.2 | 29% |
| 2021 | 917,421 | 453,286 | 464,135 | 132.3 | 21% |
| 2022 | 1,252,447 | 484,758 | 767,689 | 142.7 | 20% |
| 2023 | 1,912,214 | 722,980 | 1,189,234 | 115.4 | 16% |
In its most recent public year (2023), this organization brought in $1,189,234 more than it spent. Its reserves stood at about 115.4 months of spending, down from 167.2 in 2020. Staff pay was 16% of spending. $1,239,515 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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