Chinatown People Progressive Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,337,046 | 1,487,782 | −150,736 | 20.0 | 41% |
| 2021 | 1,504,931 | 1,281,143 | 223,788 | 25.7 | 43% |
| 2022 | 1,716,603 | 827,474 | 889,129 | 52.4 | 45% |
| 2023 | 1,727,512 | 979,724 | 747,788 | 53.3 | 45% |
In its most recent public year (2023), this organization brought in $747,788 more than it spent. Its reserves stood at about 53.3 months of spending, up from 20 in 2020. Staff pay was 45% of spending. $1,550,958 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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