South 43 Water Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 158,239 | 155,247 | 2,992 | 49.1 | 12% |
| 2021 | 221,093 | 205,584 | 15,509 | 38.0 | 6% |
| 2022 | 1,481,233 | 166,010 | 1,315,223 | 142.2 | 9% |
| 2023 | 1,430,856 | 160,313 | 1,270,543 | 242.5 | 9% |
In its most recent public year (2023), this organization brought in $1,270,543 more than it spent. Its reserves stood at about 242.5 months of spending, up from 49.1 in 2020. Staff pay was 9% 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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