Partnership Grand Strand
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 2,168,928 | 360,648 | 1,808,280 | 60.2 | 5% |
| 2023 | 1,238,921 | 642,255 | 596,666 | 44.9 | 19% |
| 2024 | 551,807 | 1,029,063 | −477,256 | 22.5 | 36% |
In its most recent public year (2024), this organization spent $477,256 more than it brought in. Its reserves stood at about 22.5 months of spending, down from 60.2 in 2022. Staff pay was 36% 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 2024. 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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