Loring Parent Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 54,294 | 39,457 | 14,837 | 37.3 | — |
| 2021 | 57,481 | 23,844 | 33,637 | 78.6 | — |
| 2022 | 59,535 | 105,820 | −46,285 | 12.4 | — |
| 2023 | 83,192 | 53,951 | 29,241 | 30.9 | — |
In its most recent public year (2023), this organization brought in $29,241 more than it spent. Its reserves stood at about 30.9 months of spending, down from 37.3 in 2020.
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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