Longmont Observer
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 272,470 | 189,756 | 82,714 | 5.4 | 0% |
| 2021 | 381,725 | 272,266 | 109,459 | 5.8 | 56% |
| 2022 | 406,206 | 371,311 | 34,895 | 4.7 | 58% |
| 2023 | 410,530 | 379,219 | 31,311 | 5.4 | 52% |
In its most recent public year (2023), this organization brought in $31,311 more than it spent. Its reserves stood at about 5.4 months of spending. Staff pay was 52% 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 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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