Senior Adventures In Learning Of Melbourne Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 50,430 | 48,263 | 2,167 | 3.9 | 53% |
| 2012 | 47,118 | 47,988 | −870 | 2.6 | 61% |
| 2013 | 50,988 | 49,406 | 1,582 | 2.7 | 60% |
| 2014 | 43,040 | 42,561 | 479 | 0.4 | 60% |
| 2015 | 49,148 | 33,259 | 15,889 | 3.1 | 70% |
| 2016 | 37,279 | 35,542 | 1,737 | 2.9 | 48% |
| 2017 | 35,752 | 37,226 | −1,474 | 2.1 | 52% |
| 2018 | 33,517 | 27,897 | 5,620 | 3.2 | 63% |
| 2019 | 45,319 | 27,054 | 18,265 | 6.0 | 70% |
In its most recent public year (2019), this organization brought in $18,265 more than it spent. Its reserves stood at about 6 months of spending, up from 3.9 in 2011. Staff pay was 70% 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 2019. 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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