Prospect Elementary School Parent Teacher Organization
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 18,799 | 56,103 | −37,304 | 23.2 | — |
| 2022 | 66,680 | 82,641 | −15,961 | 13.4 | — |
| 2023 | 66,774 | 41,618 | 25,156 | 33.9 | — |
In its most recent public year (2023), this organization brought in $25,156 more than it spent. Its reserves stood at about 33.9 months of spending, up from 23.2 in 2021.
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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