Minford Band Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 5,246 | 0 | 5,246 | — | — |
| 2017 | 6,553 | 0 | 6,553 | — | — |
| 2018 | −3,293 | 0 | −3,293 | — | — |
| 2019 | 2,331 | 0 | 2,331 | — | — |
| 2020 | −2,908 | 0 | −2,908 | — | — |
| 2021 | 4,143 | 0 | 4,143 | — | — |
| 2022 | 40,080 | 43,393 | −3,313 | 8.8 | — |
| 2023 | 52,433 | 41,955 | 10,478 | 12.1 | — |
In its most recent public year (2023), this organization brought in $10,478 more than it spent. Its reserves stood at about 12.1 months 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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