Florence Senior Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 63,776 | 65,331 | −1,555 | 11.3 | — |
| 2018 | 46,826 | 41,049 | 5,777 | 19.7 | — |
| 2019 | 62,498 | 41,456 | 21,042 | 25.6 | — |
| 2020 | 10,481 | 28,000 | −17,519 | 30.4 | — |
In its most recent public year (2020), this organization spent $17,519 more than it brought in. Its reserves stood at about 30.4 months of spending, up from 11.3 in 2017.
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 2020. 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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