Troy Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 649,855 | 589,973 | 59,882 | 14.3 | 69% |
| 2021 | 679,447 | 540,333 | 139,114 | 18.7 | 67% |
| 2022 | 809,290 | 650,484 | 158,806 | 18.5 | 74% |
| 2023 | 994,364 | 763,804 | 230,560 | 19.3 | 75% |
In its most recent public year (2023), this organization brought in $230,560 more than it spent. Its reserves stood at about 19.3 months of spending, up from 14.3 in 2020. Staff pay was 75% of spending. $19,512 of its net assets are donor-restricted.
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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