Redondo Beach Travel And Tourism
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 477,649 | 258,741 | 218,908 | 10.2 | 0% |
| 2019 | 477,649 | 258,741 | 218,908 | 10.2 | 0% |
| 2020 | 686,566 | 544,087 | 142,479 | 8.0 | 0% |
| 2021 | 398,417 | 516,679 | −118,262 | 5.6 | 0% |
| 2022 | 638,594 | 548,773 | 89,821 | 7.3 | 0% |
| 2023 | 789,517 | 628,974 | 160,543 | 9.4 | 0% |
In its most recent public year (2023), this organization brought in $160,543 more than it spent. Its reserves stood at about 9.4 months of spending. Staff pay was 0% 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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