North Carolina Municipal Leasing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,850,683 | 5,073,633 | 777,050 | -2.9 | 1% |
| 2021 | 4,818,253 | 4,824,301 | −6,048 | -3.1 | 0% |
| 2022 | 0 | 0 | 0 | — | — |
| 2024 | 0 | 407,000 | −407,000 | 0.0 | — |
In its most recent public year (2024), this organization spent $407,000 more than it brought in. Its reserves stood at about 0 months of spending, up from -2.9 in 2020.
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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