The Puerto Rican Association Of Washington State
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 43,480 | 212,434 | −168,954 | 1.5 | 0% |
| 2019 | 19,548 | 19,400 | 148 | 17.0 | 0% |
| 2020 | 2,161 | 5,314 | −3,153 | 55.1 | 0% |
| 2021 | 1,150 | 6,355 | −5,205 | 36.2 | — |
| 2022 | 4,001 | 2,597 | 1,404 | 95.2 | — |
| 2023 | 17,694 | 9,377 | 8,317 | 37.0 | — |
In its most recent public year (2023), this organization brought in $8,317 more than it spent. Its reserves stood at about 37 months of spending, up from 1.5 in 2018.
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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