Retired Military Association Of North Carolina Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 27,979 | 27,479 | 500 | 123.0 | — |
| 2012 | 24,125 | 35,605 | −11,480 | 95.3 | — |
| 2013 | 35,906 | 29,957 | 5,949 | 0.0 | — |
| 2014 | 33,134 | 33,800 | −666 | 80.2 | — |
| 2015 | 57,868 | 55,663 | 2,205 | 50.6 | — |
| 2016 | 23,992 | 28,623 | −4,631 | 3.7 | 0% |
| 2017 | 23,717 | 49,145 | −25,428 | 2.1 | 0% |
| 2022 | 161,364 | 153,109 | 8,255 | 6.5 | 0% |
| 2023 | 154,966 | 154,560 | 406 | 5.4 | 0% |
In its most recent public year (2023), this organization brought in $406 more than it spent. Its reserves stood at about 5.4 months of spending, down from 123 in 2011. 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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