Palmetto Foundation For Prevention And Recovery Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 80,376 | 130,369 | −49,993 | 0.5 | — |
| 2021 | 256,382 | 128,518 | 127,864 | 12.5 | 0% |
| 2022 | 361,779 | 134,867 | 226,912 | 32.1 | 27% |
In its most recent public year (2022), this organization brought in $226,912 more than it spent. Its reserves stood at about 32.1 months of spending, up from 0.5 in 2020. Staff pay was 27% 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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