Banks Community Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 10,370 | 6,328 | 4,042 | 22.1 | — |
| 2012 | 4,112 | 6,922 | −2,810 | 15.4 | — |
| 2013 | 3,914 | 4,840 | −926 | 19.7 | — |
| 2014 | 2,956 | 3,993 | −1,037 | 20.8 | — |
| 2015 | 13,010 | 3,995 | 9,015 | 47.8 | — |
| 2016 | 12,396 | 4,393 | 8,003 | 65.4 | — |
| 2017 | 5,043 | 2,857 | 2,186 | 109.7 | — |
| 2018 | 10,329 | 3,318 | 7,011 | 119.8 | — |
| 2019 | 1,333 | 4,124 | −2,791 | 88.3 | — |
| 2020 | 3,098 | 6,864 | −3,766 | 46.4 | — |
| 2021 | 2,916 | 8,429 | −5,513 | 30.0 | — |
| 2022 | 2,500 | 2,984 | −484 | 82.7 | — |
| 2023 | 2,120 | 15,774 | −13,654 | 5.3 | — |
In its most recent public year (2023), this organization spent $13,654 more than it brought in. Its reserves stood at about 5.3 months of spending, down from 22.1 in 2011.
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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