South Gulf Cove Homeowners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 112,630 | 23,965 | 88,665 | 252.7 | 0% |
| 2021 | 237,684 | 43,658 | 194,026 | 192.0 | 0% |
| 2022 | 218,329 | 92,558 | 125,771 | 106.9 | 0% |
| 2023 | 192,782 | 88,770 | 104,012 | 125.5 | 0% |
In its most recent public year (2023), this organization brought in $104,012 more than it spent. Its reserves stood at about 125.5 months of spending, down from 252.7 in 2020. Staff pay was 0% 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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