Aberdeen Ridge Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 650 | 1,247,380 | −1,246,730 | -21.9 | 15% |
| 2021 | 655 | 2,007,293 | −2,006,638 | -25.6 | 13% |
| 2022 | 47,185 | 1,420,778 | −1,373,593 | -39.4 | 20% |
| 2023 | 675 | 1,807,905 | −1,807,230 | -42.9 | 15% |
In its most recent public year (2023), this organization spent $1,807,230 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-42.9 months), down from -21.9 in 2020. Staff pay was 15% of spending. $2,975 of its net assets are donor-restricted.
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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