The Elite Firm Llc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 121,194 | 106,244 | 14,950 | 1.7 | — |
| 2019 | 231,667 | 177,536 | 54,131 | 4.7 | 39% |
| 2020 | 231,232 | 195,431 | 35,801 | 6.4 | 36% |
| 2021 | 217,753 | 211,684 | 6,069 | 6.3 | 26% |
| 2022 | 234,491 | 215,964 | 18,527 | 7.2 | 32% |
| 2023 | 218,858 | 199,542 | 19,316 | 8.9 | 16% |
In its most recent public year (2023), this organization brought in $19,316 more than it spent. Its reserves stood at about 8.9 months of spending, up from 1.7 in 2018. Staff pay was 16% 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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