King Philip Parent Teacher Organization Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,647 | 12,959 | −4,312 | 16.5 | — |
| 2023 | 21,571 | 20,793 | 778 | 10.8 | — |
| 2024 | 36,918 | 21,332 | 15,586 | 19.3 | — |
In its most recent public year (2024), this organization brought in $15,586 more than it spent. Its reserves stood at about 19.3 months of spending, up from 16.5 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 2024. 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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