Aberdeen Pate Water Co Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 973,921 | 825,805 | 148,116 | 61.5 | 30% |
| 2021 | 976,313 | 1,079,829 | −103,516 | 45.9 | 24% |
| 2022 | 1,045,357 | 931,564 | 113,793 | 54.7 | 29% |
| 2023 | 1,266,376 | 955,550 | 310,826 | 57.2 | 31% |
In its most recent public year (2023), this organization brought in $310,826 more than it spent. Its reserves stood at about 57.2 months of spending, down from 61.5 in 2020. Staff pay was 31% 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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