Isles Properties Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 49,956 | 200,515 | −150,559 | -63.9 | 8% |
| 2021 | 116,416 | 223,185 | −106,769 | -64.0 | 6% |
| 2022 | 58,292 | 192,935 | −134,643 | -83.5 | 18% |
| 2023 | 69,346 | 218,173 | −148,827 | -82.0 | 15% |
In its most recent public year (2023), this organization spent $148,827 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-82 months), down from -63.9 in 2020. Staff pay was 15% 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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