Taoist Tai Chi Society Of The United States Of America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,865,729 | 1,541,411 | 1,324,318 | 64.3 | 20% |
| 2021 | −168,369 | 934,983 | −1,103,352 | 79.9 | 25% |
| 2022 | 846,219 | 1,239,990 | −393,771 | 52.5 | 15% |
In its most recent public year (2022), this organization spent $393,771 more than it brought in. Its reserves stood at about 52.5 months of spending, down from 64.3 in 2020. Staff pay was 15% of spending. $513,809 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 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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