Bayridge Residence And Cultural Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 853,602 | 798,714 | 54,888 | 14.0 | 39% |
| 2021 | 286,877 | 320,592 | −33,715 | 33.8 | 28% |
| 2022 | 125,476 | 675,956 | −550,480 | 5.9 | — |
| 2023 | 32,910 | 23,812 | 9,098 | 173.0 | — |
In its most recent public year (2023), this organization brought in $9,098 more than it spent. Its reserves stood at about 173 months of spending, up from 14 in 2020.
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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