Elite Catering & Event Professionals
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 164,500 | 63,918 | 100,582 | 18.9 | — |
| 2022 | 370,697 | 238,028 | 132,669 | 11.8 | 0% |
| 2023 | 294,050 | 429,188 | −135,138 | 2.7 | 0% |
In its most recent public year (2023), this organization spent $135,138 more than it brought in. Its reserves stood at about 2.7 months of spending, down from 18.9 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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