Cityfront Terrace Homeowners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,870,858 | 3,239,173 | 631,685 | 55.8 | 0% |
| 2021 | 3,931,230 | 4,077,669 | −146,439 | 43.9 | 0% |
| 2022 | 4,072,295 | 4,221,611 | −149,316 | 42.0 | 0% |
| 2023 | 4,434,429 | 3,723,306 | 711,123 | 49.9 | 0% |
In its most recent public year (2023), this organization brought in $711,123 more than it spent. Its reserves stood at about 49.9 months of spending, down from 55.8 in 2020. Staff pay was 0% 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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