Place Of Forsyth County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,198,094 | 4,045,696 | 1,152,398 | 14.5 | 17% |
| 2021 | 5,887,236 | 4,021,712 | 1,865,524 | 19.4 | 23% |
| 2022 | 4,852,081 | 4,648,285 | 203,796 | 16.0 | 26% |
| 2023 | 2,445,753 | 2,416,112 | 29,641 | 31.7 | 31% |
In its most recent public year (2023), this organization brought in $29,641 more than it spent. Its reserves stood at about 31.7 months of spending, up from 14.5 in 2020. Staff pay was 31% of spending. $508,031 of its net assets are donor-restricted.
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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