Charlottesville Area Association Of Realtors Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 71,000 | 175 | 70,825 | 4890.9 | 0% |
| 2022 | 98,980 | 17,341 | 81,639 | 102.2 | 0% |
| 2023 | 117,904 | 20,020 | 97,884 | 157.0 | 0% |
In its most recent public year (2023), this organization brought in $97,884 more than it spent. Its reserves stood at about 157 months of spending, down from 4890.9 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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