Spanish-Speaking Community Of Maryland Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 508,200 | 591,001 | −82,801 | 7.6 | 62% |
| 2021 | 677,137 | 515,335 | 161,802 | 12.5 | 65% |
| 2022 | 578,142 | 569,673 | 8,469 | 11.5 | 63% |
| 2023 | 651,932 | 595,387 | 56,545 | 12.2 | 64% |
In its most recent public year (2023), this organization brought in $56,545 more than it spent. Its reserves stood at about 12.2 months of spending, up from 7.6 in 2020. Staff pay was 64% 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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