Newport Ridge Community Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,296,513 | 992,623 | 303,890 | 26.1 | 0% |
| 2021 | 1,289,611 | 1,110,979 | 178,632 | 25.3 | 0% |
| 2022 | 1,300,183 | 1,216,762 | 83,421 | 23.9 | 0% |
| 2023 | 1,353,467 | 1,210,757 | 142,710 | 5.4 | 7% |
In its most recent public year (2023), this organization brought in $142,710 more than it spent. Its reserves stood at about 5.4 months of spending, down from 26.1 in 2020. Staff pay was 7% 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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