Italian Club Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 23,104 | 32,444 | −9,340 | 94.7 | — |
| 2012 | 35,440 | 31,574 | 3,866 | 99.4 | — |
| 2013 | 57,486 | 58,179 | −693 | 54.8 | 12% |
| 2014 | 65,924 | 67,355 | −1,431 | 47.0 | — |
| 2015 | 51,179 | 60,895 | −9,716 | 50.1 | — |
| 2016 | 42,077 | 51,538 | −9,461 | 57.0 | 9% |
| 2017 | 45,304 | 47,745 | −2,441 | 60.9 | — |
| 2019 | 48,160 | 56,519 | −8,359 | 50.1 | — |
| 2020 | 37,773 | 81,353 | −43,580 | 28.4 | — |
| 2021 | 32,819 | 19,343 | 13,476 | 127.8 | — |
| 2022 | 21,396 | 39,995 | −18,599 | 65.8 | 12% |
In its most recent public year (2022), this organization spent $18,599 more than it brought in. Its reserves stood at about 65.8 months of spending, down from 94.7 in 2011. Staff pay was 12% 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 2022. 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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