Georgia Association Of Insurance & Financial Advisors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 49,586 | 55,769 | −6,183 | 52.6 | 42% |
| 2020 | 136,065 | 144,819 | −8,754 | 19.6 | 35% |
| 2021 | 121,498 | 135,102 | −13,604 | 19.8 | 38% |
In its most recent public year (2021), this organization spent $13,604 more than it brought in. Its reserves stood at about 19.8 months of spending, down from 52.6 in 2018. Staff pay was 38% 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 2021. 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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