The First Tee Of Greater Washington
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 940,299 | 807,136 | 133,163 | 12.8 | 46% |
| 2021 | 1,360,948 | 963,366 | 397,582 | 16.0 | 44% |
| 2022 | 1,774,987 | 1,054,080 | 720,907 | 21.3 | 39% |
| 2023 | 1,701,947 | 1,441,815 | 260,132 | 18.5 | 41% |
In its most recent public year (2023), this organization brought in $260,132 more than it spent. Its reserves stood at about 18.5 months of spending, up from 12.8 in 2020. Staff pay was 41% of spending. $62,818 of its net assets are donor-restricted.
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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