Greensboro Chinese Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 24,297 | 26,214 | −1,917 | 72.1 | — |
| 2022 | 16,053 | 21,673 | −5,620 | 84.1 | — |
| 2023 | 42,944 | 41,000 | 1,944 | 45.0 | — |
| 2024 | 46,140 | 39,975 | 6,165 | 1.9 | — |
In its most recent public year (2024), this organization brought in $6,165 more than it spent. Its reserves stood at about 1.9 months of spending, down from 72.1 in 2021.
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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