Professional Liability Foundation Ltd
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 140,023 | 127,204 | 12,819 | 18.7 | 0% |
| 2021 | 145,011 | 114,687 | 30,324 | 23.9 | 0% |
| 2022 | 145,012 | 129,495 | 15,517 | 22.6 | 0% |
| 2023 | 145,012 | 121,946 | 23,066 | 26.2 | 0% |
In its most recent public year (2023), this organization brought in $23,066 more than it spent. Its reserves stood at about 26.2 months of spending, up from 18.7 in 2020. Staff pay was 0% 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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