Gloucester Fraternity Club Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $354,567 | $406,278 | −$51,711 | 7.1 | 14% |
| 2021 | $548,233 | $572,998 | −$24,765 | 4.9 | 15% |
| 2022 | $392,311 | $418,840 | −$26,529 | 6.0 | 21% |
| 2023 | $414,287 | $449,308 | −$35,021 | 4.6 | 20% |
In its most recent public year (2023), this organization spent $35,021 more than it brought in. Its reserves stood at about 4.6 months of spending, down from 7.1 in 2020. Staff pay was 20% 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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