Park Central Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 387,950 | 565,136 | −177,186 | 46.5 | 54% |
| 2021 | 367,038 | 377,113 | −10,075 | 83.1 | 42% |
| 2022 | 366,849 | 490,171 | −123,322 | 47.4 | 42% |
| 2023 | 267,489 | 493,623 | −226,134 | 44.5 | 34% |
In its most recent public year (2023), this organization spent $226,134 more than it brought in. Its reserves stood at about 44.5 months of spending, down from 46.5 in 2020. Staff pay was 34% of spending. $1,754,615 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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