Echols Place Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 59,981 | 84,292 | −24,311 | -18.2 | 0% |
| 2013 | 58,307 | 96,081 | −37,774 | -20.6 | 0% |
| 2014 | 59,813 | 95,281 | −35,468 | -24.7 | 0% |
| 2015 | 74,915 | 99,649 | −24,734 | -26.7 | 0% |
| 2016 | 80,098 | 99,356 | −19,258 | -29.1 | 0% |
| 2017 | 80,503 | 95,965 | −15,462 | -32.0 | 0% |
| 2018 | 95,625 | 101,434 | −5,809 | -30.7 | 0% |
| 2019 | 104,852 | 112,974 | −8,122 | -28.4 | 16% |
| 2020 | 106,078 | 126,795 | −20,717 | -27.3 | 14% |
| 2021 | 110,422 | 126,518 | −16,096 | -28.9 | 12% |
| 2022 | 88,274 | 105,431 | −17,157 | -36.2 | 8% |
| 2023 | 96,748 | 128,544 | −31,796 | -32.4 | 9% |
In its most recent public year (2023), this organization spent $31,796 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-32.4 months), down from -18.2 in 2012. Staff pay was 9% 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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