Carmel Teachers Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 63,983 | 24,417 | 39,566 | 19.4 | — |
| 2019 | 61,921 | 21,006 | 40,915 | 46.0 | — |
| 2020 | 69,425 | 25,080 | 44,345 | 59.7 | — |
| 2021 | 70,707 | 27,996 | 42,711 | 71.8 | — |
| 2022 | 77,194 | 46,003 | 31,191 | 51.8 | — |
| 2023 | 75,566 | 54,874 | 20,692 | 48.0 | — |
In its most recent public year (2023), this organization brought in $20,692 more than it spent. Its reserves stood at about 48 months of spending, up from 19.4 in 2018.
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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