Palm Beach Police Foundation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 743,341 | 263,137 | 480,204 | 103.5 | 0% |
| 2013 | 708,340 | 486,418 | 221,922 | 62.0 | 0% |
| 2014 | 728,743 | 303,448 | 425,295 | 121.4 | 0% |
| 2015 | 1,093,766 | 583,740 | 510,026 | 72.0 | 0% |
| 2016 | 863,202 | 356,805 | 506,397 | 134.1 | 0% |
| 2018 | 1,231,802 | 720,407 | 511,395 | 102.6 | 0% |
| 2019 | 2,329,790 | 1,014,633 | 1,315,157 | 87.2 | 9% |
| 2020 | 3,164,192 | 1,317,248 | 1,846,944 | 82.8 | 12% |
| 2021 | 3,443,053 | 1,577,548 | 1,865,505 | 93.9 | 10% |
| 2022 | 4,726,750 | 2,829,063 | 1,897,687 | 53.0 | 9% |
| 2023 | 5,207,707 | 3,058,656 | 2,149,051 | 61.8 | 10% |
In its most recent public year (2023), this organization brought in $2,149,051 more than it spent. Its reserves stood at about 61.8 months of spending, down from 103.5 in 2012. Staff pay was 10% of spending. $1,073,988 of its net assets are donor-restricted.
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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