Southwater Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,874,195 | 1,683,231 | 190,964 | 43.7 | 10% |
| 2012 | 1,655,763 | 1,772,264 | −116,501 | 40.7 | 11% |
| 2013 | 1,229,562 | 1,790,399 | −560,837 | 36.6 | 13% |
| 2014 | 1,410,151 | 1,742,152 | −332,001 | 35.3 | 15% |
| 2015 | 1,453,957 | 1,726,473 | −272,516 | 33.8 | 14% |
| 2016 | 1,455,671 | 1,838,881 | −383,210 | 29.2 | 13% |
| 2017 | 1,359,393 | 1,859,526 | −500,133 | 25.7 | 14% |
| 2018 | 1,419,646 | 1,792,691 | −373,045 | 24.1 | 14% |
| 2019 | 1,554,476 | 1,780,857 | −226,381 | 22.6 | 15% |
| 2020 | 1,388,820 | 1,814,990 | −426,170 | 19.4 | 15% |
| 2021 | 1,585,503 | 1,832,021 | −246,518 | 17.6 | 16% |
| 2022 | 1,595,820 | 1,972,544 | −376,724 | 14.0 | 16% |
In its most recent public year (2022), this organization spent $376,724 more than it brought in. Its reserves stood at about 14 months of spending, down from 43.7 in 2011. Staff pay was 16% 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 2022. 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
Southwater Inc's IRS filings as a feed — one entry per filing year, through 2022. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works