Desoto Towers Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,013,502 | 1,158,767 | −145,265 | -17.8 | 21% |
| 2012 | 1,118,156 | 1,230,823 | −112,667 | -17.9 | 22% |
| 2013 | 1,265,131 | 1,194,620 | 70,511 | -17.6 | 16% |
| 2014 | 1,306,754 | 1,210,185 | 96,569 | -16.3 | 16% |
| 2015 | 1,333,222 | 1,266,943 | 66,279 | -15.0 | 17% |
| 2016 | 1,340,325 | 1,179,218 | 161,107 | -14.4 | 21% |
| 2017 | 1,345,259 | 1,266,408 | 78,851 | -12.6 | 22% |
| 2018 | 1,382,782 | 1,298,634 | 84,148 | -11.5 | 22% |
| 2019 | 1,350,824 | 1,292,664 | 58,160 | -11.1 | 23% |
| 2020 | 1,356,234 | 1,298,432 | 57,802 | -10.5 | 23% |
| 2021 | 1,333,366 | 1,236,899 | 96,467 | -9.9 | 23% |
| 2022 | 1,312,048 | 1,422,792 | −110,744 | -9.5 | 21% |
| 2023 | 1,373,536 | 1,579,709 | −206,173 | -10.1 | 20% |
In its most recent public year (2023), this organization spent $206,173 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-10.1 months), up from -17.8 in 2011. Staff pay was 20% 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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