Port City Basketball Elite
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 47,877 | 47,485 | 392 | 0.1 | — |
| 2021 | 83,277 | 82,683 | 594 | 0.2 | — |
| 2022 | 115,317 | 114,969 | 348 | 0.2 | — |
| 2023 | 122,542 | 121,965 | 577 | 0.2 | — |
In its most recent public year (2023), this organization brought in $577 more than it spent. Its reserves stood at about 0.2 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 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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