Panhandle Oilmens Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 45,389 | 37,903 | 7,486 | 2.4 | 0% |
| 2017 | 82,676 | 66,213 | 16,463 | 4.3 | 0% |
| 2018 | 81,655 | 74,316 | 7,339 | 5.1 | 0% |
| 2019 | 88,871 | 85,058 | 3,813 | 5.0 | — |
| 2020 | 80,064 | 76,751 | 3,313 | 6.0 | — |
| 2021 | 63,106 | 78,058 | −14,952 | 3.6 | — |
| 2022 | 225,593 | 228,683 | −3,090 | 1.1 | 0% |
| 2023 | 78,665 | 64,019 | 14,646 | 6.6 | — |
In its most recent public year (2023), this organization brought in $14,646 more than it spent. Its reserves stood at about 6.6 months of spending, up from 2.4 in 2016.
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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