Palisades Elite
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 171,680 | 44,290 | 127,390 | 34.5 | — |
| 2021 | 243,388 | 189,592 | 53,796 | 5.8 | 14% |
| 2022 | 319,459 | 308,855 | 10,604 | 0.0 | 0% |
| 2023 | 294,966 | 288,039 | 6,927 | 0.0 | 0% |
In its most recent public year (2023), this organization brought in $6,927 more than it spent. Its reserves stood at about 0 months of spending, down from 34.5 in 2020. Staff pay was 0% 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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