Edo Cultural Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 2,400 | 2,050 | 350 | 4.7 | — |
| 2021 | 2,900 | 1,350 | 1,550 | 24.9 | — |
| 2022 | 3,000 | 1,649 | 1,351 | 175.8 | — |
| 2023 | 5,250 | 1,350 | 3,900 | 169.3 | — |
In its most recent public year (2023), this organization brought in $3,900 more than it spent. Its reserves stood at about 169.3 months of spending, up from 4.7 in 2019.
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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