Federation Of Seniors Of Chicago Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,000 | 1,729 | 8,271 | 71.2 | — |
| 2021 | 0 | 370 | −370 | 320.6 | — |
| 2022 | 63,736 | 61 | 63,675 | 14470.6 | — |
In its most recent public year (2022), this organization brought in $63,675 more than it spent. Its reserves stood at about 14470.6 months of spending, up from 71.2 in 2020.
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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