Providence Master Homeowners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2013 | 0 | 0 | 0 | — | — |
| 2014 | 1,075,218 | 2,648,251 | −1,573,033 | 13.0 | 0% |
| 2015 | 3,514,351 | 3,110,459 | 403,892 | 12.6 | 0% |
| 2016 | 3,652,518 | 3,612,109 | 40,409 | 11.0 | 0% |
| 2017 | 3,771,413 | 3,651,524 | 119,889 | 11.3 | 0% |
| 2018 | 3,842,493 | 3,808,494 | 33,999 | 11.0 | 0% |
| 2019 | 4,081,356 | 4,605,335 | −523,979 | 7.7 | 0% |
| 2020 | 5,596,864 | 7,059,369 | −1,462,505 | 1.1 | 0% |
| 2021 | 4,533,387 | 3,634,965 | 898,422 | 5.2 | 0% |
| 2022 | 2,989,162 | 2,784,752 | 204,410 | 7.7 | 0% |
| 2023 | 2,669,586 | 2,815,935 | −146,349 | 10.7 | 0% |
In its most recent public year (2023), this organization spent $146,349 more than it brought in. Its reserves stood at about 10.7 months of spending. 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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