Rotary Foundation Of The Torington Winsted Areas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 66,796 | 50,225 | 16,571 | 8.0 | — |
| 2021 | 28,266 | 44,873 | −16,607 | 4.5 | — |
| 2022 | 59,839 | 59,672 | 167 | 3.4 | — |
| 2023 | 51,374 | 55,892 | −4,518 | 2.7 | — |
In its most recent public year (2023), this organization spent $4,518 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 8 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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