Spanish Speaking Elderly Council - Raices Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,433,236 | 2,589,407 | −156,171 | -0.9 | 51% |
| 2012 | 2,433,481 | 2,589,580 | −156,099 | -1.7 | 52% |
| 2013 | 2,881,978 | 2,841,481 | 40,497 | -1.3 | 45% |
| 2014 | 2,693,728 | 2,768,384 | −74,656 | -1.7 | 41% |
| 2015 | 2,973,545 | 2,994,725 | −21,180 | -1.7 | 38% |
| 2016 | 2,980,103 | 2,847,175 | 132,928 | -1.2 | 43% |
| 2017 | 3,099,632 | 3,084,971 | 14,661 | -1.0 | 43% |
| 2018 | 3,441,635 | 3,166,726 | 274,909 | 0.0 | 43% |
| 2019 | 3,119,979 | 3,077,474 | 42,505 | 0.2 | 44% |
| 2020 | 3,085,011 | 3,037,071 | 47,940 | 0.4 | 51% |
| 2021 | 2,904,425 | 2,827,229 | 77,196 | 0.8 | 57% |
| 2022 | 3,320,048 | 3,217,183 | 102,865 | 1.0 | 45% |
| 2023 | 3,497,237 | 3,342,551 | 154,686 | 1.6 | 46% |
In its most recent public year (2023), this organization brought in $154,686 more than it spent. Its reserves stood at about 1.6 months of spending, up from -0.9 in 2011. Staff pay was 46% 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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