Senior Citizens Association In Florence County
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 935,496 | 1,012,885 | −77,389 | 17.2 | 38% |
| 2013 | 831,398 | 960,686 | −129,288 | 16.5 | 38% |
| 2014 | 816,013 | 876,687 | −60,674 | 17.3 | 42% |
| 2015 | 987,513 | 1,037,285 | −49,772 | 14.0 | 40% |
| 2016 | 1,251,900 | 1,344,427 | −92,527 | 10.0 | 42% |
| 2017 | 1,201,791 | 1,258,013 | −56,222 | 10.1 | 43% |
| 2018 | 1,085,353 | 1,131,046 | −45,693 | 10.8 | 42% |
| 2019 | 1,216,954 | 1,175,139 | 41,815 | 10.8 | 41% |
| 2020 | 1,239,982 | 1,152,435 | 87,547 | 11.9 | 36% |
| 2021 | 1,490,352 | 1,398,260 | 92,092 | 10.6 | 33% |
| 2022 | 1,076,335 | 1,301,414 | −225,079 | 9.3 | 40% |
| 2023 | 1,275,216 | 1,336,879 | −61,663 | 8.5 | 45% |
In its most recent public year (2023), this organization spent $61,663 more than it brought in. Its reserves stood at about 8.5 months of spending, down from 17.2 in 2012. Staff pay was 45% 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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