Torrance Sister City Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 28,170 | 21,931 | 6,239 | 37.0 | — |
| 2012 | 35,490 | 31,397 | 4,093 | 27.4 | — |
| 2013 | 38,561 | 29,321 | 9,240 | 33.1 | — |
| 2014 | 39,844 | 32,557 | 7,287 | 32.5 | — |
| 2015 | 45,046 | 32,884 | 12,162 | 36.6 | — |
| 2016 | 42,350 | 23,494 | 18,856 | 60.9 | — |
| 2017 | 43,348 | 31,848 | 11,500 | 49.3 | — |
| 2018 | 36,795 | 29,055 | 7,740 | 57.2 | — |
| 2019 | 39,660 | 26,558 | 13,102 | 68.5 | — |
| 2022 | 36,160 | 33,067 | 3,093 | 63.1 | — |
| 2023 | 18,981 | 50,347 | −31,366 | 33.3 | — |
In its most recent public year (2023), this organization spent $31,366 more than it brought in. Its reserves stood at about 33.3 months of spending, down from 37 in 2011.
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
Torrance Sister City Association's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works