North Carolina Retired Governmental Employees Association Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2021 | $2,030,365 | $1,473,017 | $557,348 | 13.9 | 32% |
| 2022 | $2,108,441 | $1,842,370 | $266,071 | 12.2 | 23% |
| 2023 | $2,155,437 | $2,034,920 | $120,517 | 12.1 | 28% |
In its most recent public year (2023), this organization brought in $120,517 more than it spent. Its reserves stood at about 12.1 months of spending, down from 13.9 in 2021. Staff pay was 28% 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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