Pleasant Water Inc Attn William J Corcoran
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 52,473 | 59,818 | −7,345 | -18.9 | — |
| 2021 | 52,306 | 59,774 | −7,468 | -20.5 | — |
| 2022 | 52,326 | 64,859 | −12,533 | -21.2 | — |
| 2023 | 59,500 | 60,942 | −1,442 | -22.8 | — |
In its most recent public year (2023), this organization spent $1,442 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-22.8 months), down from -18.9 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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