Downey Public Safety Employees Memorial Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 11,054 | 19,184 | −8,130 | 680.3 | 0% |
| 2021 | 66,319 | 23,454 | 42,865 | 654.2 | 0% |
| 2022 | 87,781 | 19,713 | 68,068 | 732.0 | 0% |
| 2023 | 156,594 | 19,729 | 136,865 | 814.7 | 0% |
In its most recent public year (2023), this organization brought in $136,865 more than it spent. Its reserves stood at about 814.7 months of spending, up from 680.3 in 2020. 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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