Southfields Owners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 0 | 0 | 0 | — | — |
| 2010 | 0 | 0 | 0 | — | — |
| 2011 | 1,375,350 | 1,151,393 | 223,957 | 2.6 | 11% |
| 2012 | 1,295,349 | 1,343,448 | −48,099 | 1.8 | 7% |
| 2013 | 1,243,858 | 1,251,106 | −7,248 | 1.9 | 0% |
| 2014 | 1,378,103 | 1,335,055 | 43,048 | 1.9 | 0% |
| 2015 | 1,225,560 | 1,441,251 | −215,691 | -0.0 | 0% |
| 2016 | 1,779,163 | 1,551,795 | 227,368 | 1.8 | 0% |
| 2017 | 1,504,279 | 1,495,278 | 9,001 | 1.9 | 0% |
| 2018 | 1,944,448 | 1,854,890 | 89,558 | 2.1 | 0% |
| 2019 | 1,887,266 | 1,855,048 | 32,218 | 2.3 | 0% |
| 2020 | 1,849,696 | 1,927,203 | −77,507 | 1.7 | 0% |
| 2021 | 1,693,252 | 1,847,038 | −153,786 | 0.8 | 0% |
| 2022 | 2,845,042 | 2,466,249 | 378,793 | 2.5 | 0% |
| 2023 | 1,366,226 | 1,690,938 | −324,712 | 1.3 | 2% |
In its most recent public year (2023), this organization spent $324,712 more than it brought in. Its reserves stood at about 1.3 months of spending. Staff pay was 2% 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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