Rotary Club Of Palm Desert Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 59,024 | 63,232 | −4,208 | 99.3 | 0% |
| 2021 | 57,230 | 43,039 | 14,191 | 149.8 | 0% |
| 2022 | 76,042 | 87,806 | −11,764 | 71.8 | 0% |
| 2023 | 21,188 | 55,380 | −34,192 | 106.5 | — |
In its most recent public year (2023), this organization spent $34,192 more than it brought in. Its reserves stood at about 106.5 months of spending, up from 99.3 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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