Forty-Two Place Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 240,781 | 236,867 | 3,914 | 6.8 | 10% |
| 2011 | 242,932 | 232,694 | 10,238 | 7.4 | 11% |
| 2012 | 227,227 | 235,544 | −8,317 | 6.9 | 7% |
| 2013 | 241,540 | 244,098 | −2,558 | 6.5 | 11% |
| 2014 | 271,570 | 244,813 | 26,757 | 7.8 | 14% |
| 2015 | 217,270 | 271,305 | −54,035 | 4.6 | 13% |
| 2016 | 248,823 | 246,079 | 2,744 | 5.2 | 8% |
| 2017 | 248,580 | 238,767 | 9,813 | 5.9 | 7% |
| 2018 | 248,514 | 265,484 | −16,970 | 4.5 | 6% |
| 2019 | 247,019 | 260,766 | −13,747 | 4.0 | 7% |
| 2020 | 265,985 | 260,103 | 5,882 | 4.3 | 7% |
| 2021 | 254,511 | 266,183 | −11,672 | 3.6 | 7% |
| 2022 | 273,181 | 325,735 | −52,554 | 1.0 | 6% |
In its most recent public year (2022), this organization spent $52,554 more than it brought in. Its reserves stood at about 1 months of spending, down from 6.8 in 2010. Staff pay was 6% of spending. $112,343 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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