Boricua Festival Committee
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 124 | 375 | −251 | -292.0 | — |
| 2016 | 85,750 | 66,101 | 19,649 | 7.0 | — |
| 2018 | 58,755 | 53,905 | 4,850 | 6.9 | — |
| 2019 | 86,150 | 65,650 | 20,500 | 9.4 | — |
In its most recent public year (2019), this organization brought in $20,500 more than it spent. Its reserves stood at about 9.4 months of spending, up from -292 in 2011.
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 2019. 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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