Saints Rest Community Economic Development Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 229,585 | 13,647 | 215,938 | 201.6 | 0% |
| 2019 | 113,283 | 64,123 | 49,160 | 52.1 | — |
| 2020 | 215,888 | 52,539 | 163,349 | 100.9 | 0% |
| 2021 | 256,191 | 207,408 | 48,783 | 28.4 | 0% |
| 2022 | 157,118 | 100,335 | 56,783 | 65.5 | 0% |
| 2023 | 27,550 | 59,913 | −32,363 | 103.1 | 0% |
In its most recent public year (2023), this organization spent $32,363 more than it brought in. Its reserves stood at about 103.1 months of spending, down from 201.6 in 2018. Staff pay was 0% of spending. $382,768 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
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