Pleasant Ridge Water Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 920,908 | 773,719 | 147,189 | 36.9 | 45% |
| 2022 | 914,158 | 823,568 | 90,590 | 36.0 | 50% |
| 2023 | 1,047,415 | 885,343 | 162,072 | 35.1 | 41% |
| 2024 | 1,158,884 | 952,553 | 206,331 | 35.2 | 40% |
In its most recent public year (2024), this organization brought in $206,331 more than it spent. Its reserves stood at about 35.2 months of spending, down from 36.9 in 2021. Staff pay was 40% 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 2024. 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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