National Guard Association Of Tennessee Group Insurance Trust
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 520,664 | 472,595 | 48,069 | 118.3 | 43% |
| 2021 | 475,189 | 481,795 | −6,606 | 132.7 | 42% |
| 2022 | 489,339 | 506,739 | −17,400 | 104.1 | 39% |
| 2023 | 529,055 | 490,175 | 38,880 | 114.5 | 42% |
In its most recent public year (2023), this organization brought in $38,880 more than it spent. Its reserves stood at about 114.5 months of spending, down from 118.3 in 2020. Staff pay was 42% of spending.
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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