Parc Inc Plainville
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 23,136 | 17,075 | 6,061 | 61.9 | — |
| 2021 | 63,950 | 31,252 | 32,698 | 46.4 | — |
| 2022 | 76,019 | 72,663 | 3,356 | 20.5 | — |
| 2023 | 88,835 | 96,624 | −7,789 | 14.5 | — |
In its most recent public year (2023), this organization spent $7,789 more than it brought in. Its reserves stood at about 14.5 months of spending, down from 61.9 in 2020.
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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