Litchfield Beautification Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 140,116 | 107,393 | 32,723 | 27.8 | — |
| 2021 | 138,121 | 114,618 | 23,503 | 28.5 | — |
| 2022 | 148,675 | 144,833 | 3,842 | 22.9 | — |
In its most recent public year (2022), this organization brought in $3,842 more than it spent. Its reserves stood at about 22.9 months of spending, down from 27.8 in 2020.
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 2022. 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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