Albany Parks & Recreation Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 0 | 0 | 0 | — | — |
| 2017 | 7,869 | 705 | 7,164 | 121.9 | — |
| 2018 | 32,548 | 852 | 31,696 | 547.3 | — |
| 2019 | 28,850 | 11,165 | 17,685 | 60.8 | — |
| 2020 | 6,431 | 45,084 | −38,653 | 4.8 | — |
| 2022 | 19,550 | 1,806 | 17,744 | 274.7 | — |
In its most recent public year (2022), this organization brought in $17,744 more than it spent. Its reserves stood at about 274.7 months of spending.
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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