The Salvation Army Broomfield Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 592,903 | 716,480 | −123,577 | 44.4 | 26% |
| 2021 | 611,420 | 776,275 | −164,855 | 38.5 | 25% |
| 2022 | 639,388 | 640,705 | −1,317 | 46.6 | 16% |
| 2023 | 671,150 | 684,035 | −12,885 | 43.4 | 13% |
In its most recent public year (2023), this organization spent $12,885 more than it brought in. Its reserves stood at about 43.4 months of spending. Staff pay was 13% 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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