Morristown Commercial Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,010 | 36,771 | 5,239 | 20.5 | — |
| 2012 | 49,859 | 29,892 | 19,967 | 33.3 | — |
| 2013 | 41,143 | 26,429 | 14,714 | 44.3 | — |
| 2014 | 22,327 | 27,131 | −4,804 | 41.1 | — |
| 2015 | 22,541 | 33,693 | −11,152 | 29.1 | — |
| 2016 | 26,864 | 20,205 | 6,659 | 52.5 | — |
| 2017 | 33,714 | 26,553 | 7,161 | 43.1 | — |
| 2018 | 29,870 | 23,413 | 6,457 | 52.2 | — |
| 2019 | 30,257 | 28,424 | 1,833 | 43.8 | — |
| 2020 | 2,189 | 14,600 | −12,411 | 75.1 | — |
| 2021 | 39,595 | 21,409 | 18,186 | 61.4 | — |
| 2022 | 21,260 | 27,795 | −6,535 | 44.5 | — |
| 2023 | 27,989 | 31,405 | −3,416 | 38.1 | — |
In its most recent public year (2023), this organization spent $3,416 more than it brought in. Its reserves stood at about 38.1 months of spending, up from 20.5 in 2011.
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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