Galatas Elementary Parent Teacher Organization The Woodlands Texas
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 102,092 | 71,134 | 30,958 | 23.1 | — |
| 2022 | 144,959 | 218,527 | −73,568 | 3.5 | — |
| 2023 | 157,131 | 179,182 | −22,051 | 2.8 | — |
| 2024 | 148,428 | 166,141 | −17,713 | 1.7 | — |
In its most recent public year (2024), this organization spent $17,713 more than it brought in. Its reserves stood at about 1.7 months of spending, down from 23.1 in 2021.
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 2024. 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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