Independent Petroleum Association Of America
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 5,319,419 | 7,360,406 | −2,040,987 | 8.1 | 45% |
| 2021 | 4,458,698 | 5,584,599 | −1,125,901 | 9.2 | 37% |
| 2022 | 4,673,733 | 5,623,640 | −949,907 | 6.6 | 37% |
| 2023 | 5,443,784 | 4,930,055 | 513,729 | 9.0 | 35% |
In its most recent public year (2023), this organization brought in $513,729 more than it spent. Its reserves stood at about 9 months of spending. Staff pay was 35% of spending. $802,309 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 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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