Summer Lakes Homeowners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 956,114 | 880,740 | 75,374 | 7.5 | 0% |
| 2019 | 879,503 | 819,182 | 60,321 | 7.1 | 0% |
| 2020 | 1,112,147 | 912,614 | 199,533 | 9.5 | 0% |
| 2021 | 1,130,823 | 931,879 | 198,944 | 11.2 | 0% |
| 2022 | 1,010,164 | 1,011,608 | −1,444 | 10.4 | 0% |
| 2023 | 1,018,146 | 935,922 | 82,224 | 13.9 | 0% |
In its most recent public year (2023), this organization brought in $82,224 more than it spent. Its reserves stood at about 13.9 months of spending, up from 7.5 in 2018. 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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