Bowen Residential Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 68,320 | 85,115 | −16,795 | -38.0 | — |
| 2022 | 74,811 | 83,014 | −8,203 | -40.2 | — |
| 2023 | 83,964 | 85,559 | −1,595 | -39.2 | — |
| 2024 | 82,920 | 115,966 | −33,046 | -32.3 | — |
In its most recent public year (2024), this organization spent $33,046 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-32.3 months), up from -38 in 2021.
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 2024. 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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