Operating record

Panama City Beach Senior Servicesfoundation Inc

Panama, FL · EIN 20-8106910 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$110,896$103,530$7,36699.224%
2021$99,523$105,048−$5,52597.127%
2022$127,056$147,623−$20,56767.422%
2023$140,589$143,556−$2,96769.119%

In its most recent public year (2023), this organization spent $2,967 more than it brought in. Its reserves stood at about 69.1 months of spending, down from 99.2 in 2020. Staff pay was 19% of spending. $516,612 of its net assets are donor-restricted.

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 ↗