Palermo Lakes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,031,696 | 1,234,643 | −202,947 | 133.1 | 11% |
| 2012 | 718,001 | 982,643 | −264,642 | 163.8 | 13% |
| 2013 | 766,966 | 935,796 | −168,830 | 169.8 | 15% |
| 2014 | 735,707 | 942,580 | −206,873 | 165.9 | 18% |
| 2015 | 1,279,813 | 988,267 | 291,546 | 161.8 | 17% |
| 2016 | 736,292 | 1,558,979 | −822,687 | 95.9 | 12% |
| 2017 | 763,163 | 1,019,611 | −256,448 | 123.6 | 18% |
| 2018 | 733,691 | 1,060,537 | −326,846 | 115.2 | 18% |
| 2019 | 776,507 | 1,101,053 | −324,546 | 107.5 | 17% |
| 2020 | 808,045 | 1,087,192 | −279,147 | 105.9 | 15% |
| 2021 | 833,340 | 1,153,000 | −319,660 | 96.5 | 18% |
| 2022 | 839,340 | 1,283,249 | −443,909 | 82.6 | 18% |
| 2023 | 923,244 | 1,349,328 | −426,084 | 74.7 | 17% |
In its most recent public year (2023), this organization spent $426,084 more than it brought in. Its reserves stood at about 74.7 months of spending, down from 133.1 in 2011. Staff pay was 17% of spending. $12,822,800 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
Palermo Lakes Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works