Sasquanaug Association For Southport Improvement Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 68,353 | 48,609 | 19,744 | 153.6 | 16% |
| 2012 | 64,762 | 136,845 | −72,083 | 48.2 | 5% |
| 2013 | 66,274 | 120,449 | −54,175 | 49.4 | 7% |
| 2014 | 71,119 | 85,343 | −14,224 | 67.7 | 7% |
| 2015 | 67,378 | 75,880 | −8,502 | 74.8 | 10% |
| 2016 | 80,091 | 63,972 | 16,119 | 91.8 | 13% |
| 2017 | 72,854 | 67,485 | 5,369 | 88.0 | 13% |
| 2018 | 82,745 | 71,665 | 11,080 | 84.7 | 12% |
| 2019 | 73,899 | 48,954 | 24,945 | 120.0 | 16% |
| 2020 | 32,945 | 16,122 | 16,823 | 376.5 | 0% |
| 2021 | 49,302 | 77,574 | −28,272 | 73.4 | 0% |
| 2022 | 73,927 | 77,043 | −3,116 | 73.5 | 0% |
| 2023 | 75,674 | 50,695 | 24,979 | 117.6 | 0% |
In its most recent public year (2023), this organization brought in $24,979 more than it spent. Its reserves stood at about 117.6 months of spending, down from 153.6 in 2011. 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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