Assessor Series FAQ #24
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QUESTION: We are looking at executive compensation in the Assessor Series® products and want to know whether revenue is "gross" or "net"?
The Assessor Series products draw their revenue information from several sources depending on which Assessor Series product is involved. Sources include: 10-K statements (Annual Reports), Form 990's for the Nonprofit Comparables Assessor™ and executive compensation surveys.
The size numbers will match the criteria defined by the reporting form.
While accounting practices may differ among organizations, most entities follow generally accepted accounting standards. The revenue values used in the Assessor Series products are "actual revenue" as reported by the organizations to the Securities and Exchange Commission, to the IRS on Form 990's or through executive salary surveys. |