Palante Harlem Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 81,466 | 69,543 | 11,923 | 1.3 | — |
| 2014 | 77,407 | 108,747 | −31,340 | -2.4 | — |
| 2015 | 137,530 | 141,326 | −3,796 | -2.2 | — |
| 2016 | 322,980 | 202,126 | 120,854 | 7.8 | 52% |
| 2017 | 261,860 | 255,892 | 5,968 | 6.5 | 42% |
| 2018 | 366,325 | 336,522 | 29,803 | 6.5 | 0% |
| 2019 | 574,914 | 484,172 | 90,742 | 6.8 | 18% |
| 2020 | 888,109 | 459,132 | 428,977 | 18.4 | 29% |
| 2021 | 495,776 | 490,535 | 5,241 | 17.3 | 26% |
| 2022 | 721,377 | 806,581 | −85,204 | 9.3 | 50% |
| 2023 | 1,026,956 | 979,587 | 47,369 | 8.2 | 49% |
In its most recent public year (2023), this organization brought in $47,369 more than it spent. Its reserves stood at about 8.2 months of spending, up from 1.3 in 2012. Staff pay was 49% of spending. $255,000 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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