Frank Phillips Club
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 26,568 | 42,167 | −15,599 | 449.6 | 0% |
| 2022 | 44,513 | 44,559 | −46 | 458.5 | 0% |
| 2023 | 80,362 | 46,517 | 33,845 | 496.7 | 0% |
In its most recent public year (2023), this organization brought in $33,845 more than it spent. Its reserves stood at about 496.7 months of spending, up from 449.6 in 2021. 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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