Cosmopolitan Club Of Norfolk Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 56,994 | 14,896 | 42,098 | 271.8 | — |
| 2019 | 64,113 | 32,043 | 32,070 | 140.1 | 0% |
| 2020 | 8,515 | 24,751 | −16,236 | 175.5 | 0% |
| 2021 | 12,127 | 10,725 | 1,402 | 501.7 | 0% |
| 2022 | 84,092 | 30,552 | 53,540 | 151.2 | 0% |
| 2023 | 27,533 | 37,098 | −9,565 | 126.6 | 0% |
In its most recent public year (2023), this organization spent $9,565 more than it brought in. Its reserves stood at about 126.6 months of spending, down from 271.8 in 2018. 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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