Peconic Landing At Southold Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 31,031,316 | 33,512,013 | −2,480,697 | -13.9 | 39% |
| 2020 | 31,760,196 | 33,030,119 | −1,269,923 | -14.1 | 40% |
| 2021 | 36,575,086 | 32,168,193 | 4,406,893 | -13.1 | 39% |
| 2022 | 33,373,980 | 34,892,874 | −1,518,894 | -13.2 | 40% |
In its most recent public year (2022), this organization spent $1,518,894 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-13.2 months). Staff pay was 40% of spending. $1,264,452 of its net assets are donor-restricted.
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 2022. 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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