Simsbury Main Street Partnership Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 94,732 | 87,752 | 6,980 | 5.9 | — |
| 2022 | 83,112 | 77,752 | 5,360 | 8.5 | — |
| 2023 | 99,640 | 82,658 | 16,982 | 10.5 | — |
In its most recent public year (2023), this organization brought in $16,982 more than it spent. Its reserves stood at about 10.5 months of spending, up from 5.9 in 2021.
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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