Legacy Place Catawba Valley Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $243,419 | $328,894 | −$85,475 | 84.2 | 0% |
| 2021 | $248,085 | $314,156 | −$66,071 | 85.6 | 0% |
| 2022 | $256,509 | $343,459 | −$86,950 | 75.3 | 0% |
| 2023 | $252,804 | $313,932 | −$61,128 | 80.0 | 0% |
In its most recent public year (2023), this organization spent $61,128 more than it brought in. Its reserves stood at about 80 months of spending, down from 84.2 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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