Palm City Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 497,314 | 514,648 | −17,334 | 10.9 | 0% |
| 2012 | 503,930 | 419,672 | 84,258 | 15.8 | 0% |
| 2013 | 527,415 | 441,964 | 85,451 | 17.3 | 0% |
| 2014 | 513,959 | 451,407 | 62,552 | 18.6 | 0% |
| 2015 | 542,091 | 459,860 | 82,231 | 18.3 | 0% |
| 2016 | 534,321 | 576,902 | −42,581 | 13.7 | 0% |
| 2017 | 479,653 | 530,070 | −50,417 | 7.0 | 0% |
| 2018 | 478,712 | 541,196 | −62,484 | 12.1 | 0% |
| 2019 | 494,521 | 621,607 | −127,086 | 8.0 | 0% |
| 2020 | 447,229 | 389,033 | 58,196 | 14.6 | 0% |
| 2021 | 455,198 | 584,237 | −129,039 | 7.1 | 0% |
| 2022 | 496,324 | 425,016 | 71,308 | 11.7 | 0% |
| 2023 | 493,117 | 433,448 | 59,669 | 13.2 | 0% |
In its most recent public year (2023), this organization brought in $59,669 more than it spent. Its reserves stood at about 13.2 months of spending, up from 10.9 in 2011. 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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