National Association Of Corporate Directors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 334,889 | 272,591 | 62,298 | 52.8 | 16% |
| 2022 | 869,422 | 639,334 | 230,088 | 23.9 | 22% |
| 2023 | 794,870 | 681,326 | 113,544 | 24.9 | 23% |
In its most recent public year (2023), this organization brought in $113,544 more than it spent. Its reserves stood at about 24.9 months of spending, down from 52.8 in 2021. Staff pay was 23% 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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