Drum Point Property Owners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 372,675 | 335,474 | 37,201 | 19.0 | 18% |
| 2021 | 464,812 | 508,144 | −43,332 | 11.5 | 13% |
| 2022 | 401,319 | 446,542 | −45,223 | 11.9 | 16% |
| 2023 | 473,181 | 424,983 | 48,198 | 13.9 | 18% |
| 2024 | 608,530 | 636,917 | −28,387 | 8.7 | 12% |
In its most recent public year (2024), this organization spent $28,387 more than it brought in. Its reserves stood at about 8.7 months of spending, down from 19 in 2020. Staff pay was 12% 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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