Oldetowne Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 68,530 | 75,873 | −7,343 | -34.1 | 0% |
| 2022 | 69,086 | 79,153 | −10,067 | -34.2 | 0% |
| 2023 | 67,425 | 103,579 | −36,154 | -30.3 | 0% |
In its most recent public year (2023), this organization spent $36,154 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-30.3 months), up from -34.1 in 2021. 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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