Swartswood Lakes Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2022 | 114,511 | 34,216 | 80,295 | 43.0 | — |
| 2023 | 30,705 | 77,881 | −47,176 | 11.6 | — |
| 2024 | 104,396 | 53,486 | 50,910 | 28.3 | — |
In its most recent public year (2024), this organization brought in $50,910 more than it spent. Its reserves stood at about 28.3 months of spending, down from 43 in 2022.
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 2024. 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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