Corona Community Villas Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | −826,073 | 66,324 | −892,397 | 2424.3 | 0% |
| 2021 | −511,381 | 85,613 | −596,994 | 256.2 | 52% |
| 2022 | 422,818 | 672,972 | −250,154 | 3.7 | 1% |
| 2023 | 1,687,375 | 2,109,665 | −422,290 | -1.0 | 1% |
In its most recent public year (2023), this organization spent $422,290 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1 months), down from 2424.3 in 2020. Staff pay was 1% 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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