Sherman Avenue Project Area Committee Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | −4,758 | 757 | −5,515 | 7291.1 | 0% |
| 2013 | 143,499 | 160,388 | −16,889 | 5.6 | 0% |
| 2014 | −27,875 | 0 | −27,875 | — | — |
| 2015 | −10,710 | 0 | −10,710 | — | — |
| 2016 | 152,687 | 185,166 | −32,479 | -3.8 | 0% |
| 2017 | 153,265 | 172,784 | −19,519 | -5.4 | 0% |
| 2018 | 102,524 | 137,207 | −34,683 | -9.8 | 0% |
| 2019 | 116,531 | 160,154 | −43,623 | -11.7 | 0% |
| 2020 | 122,587 | 169,581 | −46,994 | -14.3 | 0% |
| 2021 | 229,969 | 247,425 | −17,456 | -10.7 | 0% |
| 2022 | 245,305 | 257,256 | −11,951 | -10.8 | 0% |
| 2023 | 230,445 | 274,829 | −44,384 | -12.1 | 0% |
In its most recent public year (2023), this organization spent $44,384 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-12.1 months), down from 7291.1 in 2012. Staff pay was 0% 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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