Fundacion Petare Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 170,100 | 15 | 170,085 | 136068.0 | — |
| 2021 | 106,234 | 224,701 | −118,467 | 3.5 | — |
| 2022 | 20,177 | 59,225 | −39,048 | 5.4 | — |
| 2023 | 13,183 | 10,045 | 3,138 | 35.5 | — |
In its most recent public year (2023), this organization brought in $3,138 more than it spent. Its reserves stood at about 35.5 months of spending, down from 136068 in 2019.
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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