Connecticut Chapter Turnaround Management Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 93,824 | 76,162 | 17,662 | 27.4 | — |
| 2021 | 76,473 | 103,230 | −26,757 | 19.1 | — |
| 2022 | 128,761 | 125,948 | 2,813 | 15.2 | — |
| 2023 | 102,010 | 119,042 | −17,032 | 16.1 | — |
In its most recent public year (2023), this organization spent $17,032 more than it brought in. Its reserves stood at about 16.1 months of spending, down from 27.4 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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