Pico California Action Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 425,847 | 68,450 | 357,397 | 114.6 | 0% |
| 2022 | 152,400 | 37,578 | 114,822 | 245.4 | 0% |
| 2023 | 302,501 | 371,894 | −69,393 | 24.7 | 0% |
In its most recent public year (2023), this organization spent $69,393 more than it brought in. Its reserves stood at about 24.7 months of spending, down from 114.6 in 2021. 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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