Summerfield Recreation Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 259,259 | 220,331 | 38,928 | 6.5 | 0% |
| 2020 | 144,422 | 159,381 | −14,959 | 8.0 | — |
| 2021 | 198,024 | 233,796 | −35,772 | 3.6 | — |
| 2022 | 291,815 | 284,797 | 7,018 | 3.3 | 0% |
| 2023 | 382,682 | 401,703 | −19,021 | 1.8 | 0% |
In its most recent public year (2023), this organization spent $19,021 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 6.5 in 2019. Staff pay was 0% 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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