Bay Head Shores Property Owners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 268,362 | 217,961 | 50,401 | 34.2 | 7% |
| 2020 | 202,250 | 181,620 | 20,630 | 41.8 | 15% |
| 2021 | 250,057 | 221,316 | 28,741 | 35.8 | 12% |
| 2022 | 337,885 | 302,558 | 35,327 | 27.7 | 4% |
| 2023 | 408,099 | 314,629 | 93,470 | 30.2 | 6% |
In its most recent public year (2023), this organization brought in $93,470 more than it spent. Its reserves stood at about 30.2 months of spending, down from 34.2 in 2019. Staff pay was 6% 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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