The Palmetto Association Of Independent Schools Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 46,660 | 37,367 | 9,293 | 13.3 | — |
| 2021 | 36,862 | 35,110 | 1,752 | 14.8 | — |
| 2022 | 66,607 | 60,573 | 6,034 | 9.8 | — |
| 2023 | 52,562 | 45,020 | 7,542 | 15.1 | 69% |
In its most recent public year (2023), this organization brought in $7,542 more than it spent. Its reserves stood at about 15.1 months of spending, up from 13.3 in 2020. Staff pay was 69% 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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