Operating record

Florentz Estates Inc

Conway, AR · EIN 20-2370710 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$116,843$143,920−$27,077-42.929%
2021$116,119$153,222−$37,103-43.231%
2022$114,271$150,837−$36,566-46.829%
2023$514,055$215,261$298,794-16.224%

In its most recent public year (2023), this organization brought in $298,794 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-16.2 months), up from -42.9 in 2020. Staff pay was 24% 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 ↗