Exchange Clubs Family Center In Alamance County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 694,308 | 552,831 | 141,477 | 3.5 | 54% |
| 2020 | 664,313 | 638,712 | 25,601 | 3.5 | 57% |
| 2021 | 816,313 | 806,801 | 9,512 | 2.9 | 60% |
| 2022 | 1,060,259 | 1,057,779 | 2,480 | 3.0 | 54% |
In its most recent public year (2022), this organization brought in $2,480 more than it spent. Its reserves stood at about 3 months of spending. Staff pay was 54% 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 2022. 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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