Palisades Community Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 23,646 | 25,750 | −2,104 | 44.7 | — |
| 2021 | 41,241 | 39,137 | 2,104 | 30.1 | — |
| 2022 | 50,579 | 34,428 | 16,151 | 39.8 | — |
| 2023 | 38,135 | 35,901 | 2,234 | 38.9 | — |
In its most recent public year (2023), this organization brought in $2,234 more than it spent. Its reserves stood at about 38.9 months of spending, down from 44.7 in 2020.
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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