Beloved Asheville
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 10,091 | 10,091 | 0 | 0.0 | — |
| 2020 | 1,160,045 | 172,066 | 987,979 | 68.9 | 11% |
| 2021 | 1,597,874 | 284,846 | 1,313,028 | 96.9 | 12% |
| 2022 | 1,108,277 | 717,181 | 391,096 | 45.0 | 16% |
| 2023 | 1,787,084 | 477,965 | 1,309,119 | 100.5 | 12% |
In its most recent public year (2023), this organization brought in $1,309,119 more than it spent. Its reserves stood at about 100.5 months of spending, up from 0 in 2019. Staff pay was 12% of spending. $1,493,011 of its net assets are donor-restricted.
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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