Long Island Portuguese American Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 75,280 | 99,846 | −24,566 | 38.3 | — |
| 2012 | 77,193 | 78,625 | −1,432 | 48.4 | — |
| 2013 | 105,847 | 129,401 | −23,554 | 27.2 | — |
| 2014 | 112,808 | 130,007 | −17,199 | 25.5 | — |
| 2015 | 62,556 | 73,327 | −10,771 | 43.5 | — |
| 2016 | 74,191 | 103,508 | −29,317 | 27.4 | — |
| 2017 | 48,515 | 69,187 | −20,672 | 37.4 | — |
| 2018 | 59,858 | 80,486 | −20,628 | 29.1 | — |
| 2020 | 38,774 | 73,686 | −34,912 | 26.6 | — |
| 2021 | 60,234 | 90,334 | −30,100 | 17.7 | — |
In its most recent public year (2021), this organization spent $30,100 more than it brought in. Its reserves stood at about 17.7 months of spending, down from 38.3 in 2011.
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 2021. 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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