Covington Lions Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 53,759 | 43,003 | 10,756 | 7.3 | — |
| 2019 | 47,523 | 36,410 | 11,113 | 12.3 | — |
| 2020 | 46,209 | 57,945 | −11,736 | 5.3 | — |
| 2021 | 63,040 | 41,240 | 21,800 | 13.8 | — |
| 2022 | 49,256 | 48,016 | 1,240 | 12.2 | — |
| 2023 | 59,168 | 53,440 | 5,728 | 12.2 | — |
| 2024 | 64,809 | 77,468 | −12,659 | 6.5 | — |
In its most recent public year (2024), this organization spent $12,659 more than it brought in. Its reserves stood at about 6.5 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 2024. 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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