Spring Park Senior Villa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 294,940 | 692,320 | −397,380 | -29.2 | 6% |
| 2021 | 297,445 | 714,976 | −417,531 | -35.3 | 7% |
| 2022 | 305,538 | 739,780 | −434,242 | -41.2 | 0% |
| 2023 | 304,447 | 725,897 | −421,450 | -48.9 | 0% |
| 2024 | 297,578 | 739,405 | −441,827 | -55.2 | 0% |
In its most recent public year (2024), this organization spent $441,827 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-55.2 months), down from -29.2 in 2020. 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 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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