Timpanogos Legal Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 362,773 | 301,786 | 60,987 | 8.3 | 79% |
| 2021 | 448,137 | 389,692 | 58,445 | 8.2 | 69% |
| 2022 | 542,670 | 403,434 | 139,236 | 12.1 | 81% |
| 2023 | 444,837 | 505,355 | −60,518 | 8.2 | 84% |
In its most recent public year (2023), this organization spent $60,518 more than it brought in. Its reserves stood at about 8.2 months of spending. Staff pay was 84% 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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