Insurance Professional Association Of Long Island Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 86,710 | 72,942 | 13,768 | 2.3 | 0% |
| 2019 | 111,517 | 104,811 | 6,706 | 2.3 | 0% |
| 2021 | 10,345 | 21,111 | −10,766 | 0.0 | — |
| 2022 | 30,975 | 25,285 | 5,690 | 0.0 | — |
| 2023 | 75,172 | 53,966 | 21,206 | 7.9 | — |
| 2024 | 56,022 | 65,521 | −9,499 | 4.8 | — |
In its most recent public year (2024), this organization spent $9,499 more than it brought in. Its reserves stood at about 4.8 months of spending, up from 2.3 in 2018.
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 2024. 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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