Largo Landing Elderly Developments
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,987,925 | 1,702,453 | 285,472 | 11.0 | 19% |
| 2021 | 2,018,480 | 1,879,417 | 139,063 | 10.9 | 20% |
| 2022 | 2,235,033 | 2,001,884 | 233,149 | 11.2 | 18% |
| 2023 | 2,236,512 | 2,222,121 | 14,391 | 10.1 | 18% |
In its most recent public year (2023), this organization brought in $14,391 more than it spent. Its reserves stood at about 10.1 months of spending. Staff pay was 18% 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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