Liberty Painting Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 90,440 | 98,356 | −7,916 | 2.6 | — |
| 2021 | 129,226 | 95,679 | 33,547 | 6.9 | — |
| 2022 | 132,297 | 115,801 | 16,496 | 7.4 | — |
| 2023 | 117,881 | 128,841 | −10,960 | 5.6 | — |
In its most recent public year (2023), this organization spent $10,960 more than it brought in. Its reserves stood at about 5.6 months of spending, up from 2.6 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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