Placid Lakes Home And Property Owners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 8,885 | 11,443 | −2,558 | 32.3 | — |
| 2019 | 6,533 | 7,397 | −864 | 48.5 | — |
| 2020 | 8,093 | 9,204 | −1,111 | 37.5 | — |
In its most recent public year (2020), this organization spent $1,111 more than it brought in. Its reserves stood at about 37.5 months of spending, up from 32.3 in 2018.
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 2020. 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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