Florentz Estates Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $116,843 | $143,920 | −$27,077 | -42.9 | 29% |
| 2021 | $116,119 | $153,222 | −$37,103 | -43.2 | 31% |
| 2022 | $114,271 | $150,837 | −$36,566 | -46.8 | 29% |
| 2023 | $514,055 | $215,261 | $298,794 | -16.2 | 24% |
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 ↗
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