Fasano Fifth Avenue Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 0 | 0 | 0 | — | — |
| 2021 | 127,736 | 487,151 | −359,415 | -8.9 | 0% |
| 2022 | 787,732 | 1,968,970 | −1,181,238 | -9.4 | 0% |
| 2023 | 1,200,525 | 2,304,073 | −1,103,548 | -13.8 | 49% |
In its most recent public year (2023), this organization spent $1,103,548 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.8 months). Staff pay was 49% 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
Fasano Fifth Avenue Club Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works