Spectrum For Living Development Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 35,411,186 | 24,503,977 | 10,907,209 | 5.6 | 59% |
| 2021 | 43,004,591 | 37,471,689 | 5,532,902 | 5.4 | 63% |
| 2022 | 40,398,401 | 43,349,533 | −2,951,132 | 3.9 | 64% |
| 2023 | 43,867,015 | 44,419,833 | −552,818 | 3.6 | 63% |
In its most recent public year (2023), this organization spent $552,818 more than it brought in. Its reserves stood at about 3.6 months of spending, down from 5.6 in 2020. Staff pay was 63% of spending. $1,265,213 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
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