Patriots Cove Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 165,998 | 49,541 | 116,457 | 28.2 | — |
| 2020 | 97,406 | 7,575 | 89,831 | 326.8 | — |
| 2021 | 184,623 | 139,540 | 45,083 | 15.8 | — |
| 2022 | 230,534 | 191,338 | 39,196 | 14.0 | 0% |
| 2023 | 1,230,006 | 272,788 | 957,218 | 51.9 | 0% |
In its most recent public year (2023), this organization brought in $957,218 more than it spent. Its reserves stood at about 51.9 months of spending, up from 28.2 in 2019. 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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