Barrier Island Parks Society Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 563,347 | 573,044 | −9,697 | 13.1 | 42% |
| 2021 | 656,237 | 610,614 | 45,623 | 11.6 | 42% |
| 2022 | 922,326 | 792,417 | 129,909 | 10.9 | 39% |
In its most recent public year (2022), this organization brought in $129,909 more than it spent. Its reserves stood at about 10.9 months of spending, down from 13.1 in 2020. Staff pay was 39% of spending. $202,386 of its net assets are donor-restricted.
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 2022. 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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