Altoona Area School District Fine Arts Boosters
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 214,535 | 199,392 | 15,143 | 11.7 | 0% |
| 2020 | 172,565 | 124,732 | 47,833 | 23.3 | 0% |
| 2021 | 74,212 | 179,299 | −105,087 | 22.9 | 0% |
| 2022 | 206,553 | 298,080 | −91,527 | 10.1 | 0% |
| 2023 | 188,802 | 156,311 | 32,491 | 21.7 | 0% |
| 2024 | 317,151 | 293,675 | 23,476 | 12.5 | 0% |
In its most recent public year (2024), this organization brought in $23,476 more than it spent. Its reserves stood at about 12.5 months of spending. 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 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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