Bay Life Services Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,142,847 | 1,920,769 | 222,078 | -9.1 | 66% |
| 2012 | 2,298,615 | 2,036,349 | 262,266 | -33.5 | 65% |
| 2013 | 2,310,026 | 2,226,555 | 83,471 | -31.0 | 0% |
| 2014 | 2,914,952 | 2,812,683 | 102,269 | -21.1 | 68% |
| 2015 | 1,142,398 | 1,144,143 | −1,745 | -49.2 | 220% |
| 2016 | 1,308,316 | 1,325,897 | −17,581 | -50.1 | 223% |
| 2017 | 1,063,391 | 1,129,325 | −65,934 | -59.6 | 303% |
| 2018 | 1,128,359 | 1,249,188 | −120,829 | -30.2 | 289% |
| 2019 | 1,123,471 | 1,296,362 | −172,891 | -41.4 | 201% |
| 2020 | 1,025,550 | 1,221,361 | −195,811 | -46.2 | 255% |
| 2021 | 653,380 | 1,632,534 | −979,154 | -38.2 | 268% |
| 2022 | 260 | 11,501 | −11,241 | -5094.5 | 74% |
| 2023 | 19,694 | 6,359 | 13,335 | -9472.7 | 0% |
In its most recent public year (2023), this organization brought in $13,335 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-9472.7 months), down from -9.1 in 2011. 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 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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