North Carolina Chamber Legal Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 93,500 | 20,451 | 73,049 | 36.3 | 0% |
| 2020 | 65,000 | 10,059 | 54,941 | 139.3 | 0% |
| 2021 | 121,000 | 39,664 | 81,336 | 59.9 | 0% |
| 2022 | 101,000 | 32,450 | 68,550 | 283.5 | 1% |
| 2023 | 0 | 48,577 | −48,577 | 177.4 | 0% |
In its most recent public year (2023), this organization spent $48,577 more than it brought in. Its reserves stood at about 177.4 months of spending, up from 36.3 in 2019. 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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