City Of Margate Employees Benefit Tr Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 96,193 | 379,407 | −283,214 | 153.2 | 0% |
| 2021 | 916,227 | 391,029 | 525,198 | 197.2 | 0% |
| 2022 | 455,589 | 427,952 | 27,637 | 157.9 | 0% |
| 2023 | 145,348 | 398,058 | −252,710 | 159.5 | 0% |
In its most recent public year (2023), this organization spent $252,710 more than it brought in. Its reserves stood at about 159.5 months of spending, up from 153.2 in 2020. Staff pay was 0% 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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