Traverse City Rotary Club Wheelchairs For Polio Survivors Fu
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,750 | 8,782 | −32 | 14.3 | 0% |
| 2021 | 20,330 | 24,725 | −4,395 | 2.9 | 0% |
| 2022 | 19,174 | 17,575 | 1,599 | 5.2 | 0% |
In its most recent public year (2022), this organization brought in $1,599 more than it spent. Its reserves stood at about 5.2 months of spending, down from 14.3 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 2022. 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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