Sowega Council On Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 6,864,559 | 6,554,714 | 309,845 | 6.7 | 44% |
| 2012 | 6,913,548 | 6,544,383 | 369,165 | 7.4 | 46% |
| 2013 | 9,635,304 | 6,247,912 | 3,387,392 | 14.2 | 48% |
| 2014 | 6,887,544 | 6,407,971 | 479,573 | 14.8 | 42% |
| 2015 | 7,395,626 | 6,859,844 | 535,782 | 14.7 | 37% |
| 2016 | 6,400,888 | 6,613,282 | −212,394 | 14.9 | 40% |
| 2017 | 6,483,091 | 6,649,468 | −166,377 | 14.5 | 46% |
| 2018 | 6,648,038 | 6,554,825 | 93,213 | 14.9 | 47% |
| 2019 | 6,316,229 | 5,856,928 | 459,301 | 17.6 | 39% |
| 2020 | 6,355,292 | 5,779,745 | 575,547 | 19.0 | 32% |
| 2021 | 7,209,697 | 6,987,398 | 222,299 | 16.1 | 20% |
| 2022 | 6,707,092 | 6,706,215 | 877 | 16.8 | 22% |
| 2023 | 7,318,286 | 7,135,823 | 182,463 | 16.1 | 22% |
In its most recent public year (2023), this organization brought in $182,463 more than it spent. Its reserves stood at about 16.1 months of spending, up from 6.7 in 2011. Staff pay was 22% of spending. $79,363 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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