Torque Converter Rebuilders Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 69,391 | 75,619 | −6,228 | 28.0 | — |
| 2021 | 88,079 | 99,300 | −11,221 | 19.9 | — |
| 2022 | 103,774 | 130,753 | −26,979 | 12.7 | — |
| 2023 | 104,750 | 127,542 | −22,792 | 10.8 | — |
In its most recent public year (2023), this organization spent $22,792 more than it brought in. Its reserves stood at about 10.8 months of spending, down from 28 in 2020.
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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