Seabrook Island Property Owners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 5,934,750 | 5,486,971 | 447,779 | 18.0 | 17% |
| 2012 | 5,889,658 | 5,709,184 | 180,474 | 17.7 | 15% |
| 2013 | 6,115,465 | 5,169,311 | 946,154 | 21.7 | 17% |
| 2014 | 6,162,077 | 6,237,094 | −75,017 | 17.8 | 15% |
| 2015 | 6,361,396 | 6,262,170 | 99,226 | 18.0 | 12% |
| 2016 | 7,109,190 | 7,186,106 | −76,916 | 15.5 | 12% |
| 2017 | 7,619,070 | 5,270,941 | 2,348,129 | 26.5 | 19% |
| 2018 | 6,905,691 | 6,443,225 | 462,466 | 22.8 | 17% |
| 2019 | 7,252,732 | 5,533,839 | 1,718,893 | 30.3 | 21% |
| 2020 | 8,282,084 | 7,021,586 | 1,260,498 | 26.0 | 19% |
| 2021 | 8,609,669 | 6,352,616 | 2,257,053 | 33.0 | 23% |
| 2022 | 9,055,207 | 8,837,083 | 218,124 | 24.1 | 18% |
| 2023 | 11,144,122 | 8,312,514 | 2,831,608 | 29.7 | 22% |
In its most recent public year (2023), this organization brought in $2,831,608 more than it spent. Its reserves stood at about 29.7 months of spending, up from 18 in 2011. Staff pay was 22% of spending. $7,997,284 of its net assets are donor-restricted.
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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