Passman Plaza Ii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 289,635 | 393,798 | −104,163 | -5.8 | 6% |
| 2012 | 151,186 | 150,201 | 985 | -15.1 | 13% |
| 2013 | 150,625 | 167,441 | −16,816 | -14.8 | 17% |
| 2014 | 149,389 | 186,417 | −37,028 | -15.7 | 17% |
| 2015 | 151,203 | 161,791 | −10,588 | -18.8 | 14% |
| 2016 | 149,962 | 176,583 | −26,621 | -19.1 | 15% |
| 2017 | 149,962 | 164,939 | −14,977 | -21.5 | 17% |
| 2018 | 118,589 | 182,096 | −63,507 | -23.7 | 18% |
| 2019 | 147,548 | 222,103 | −74,555 | -23.4 | 15% |
| 2020 | 145,908 | 184,287 | −38,379 | -30.7 | 18% |
| 2021 | 143,160 | 185,215 | −42,055 | -33.3 | 18% |
| 2022 | 147,712 | 223,296 | −75,584 | -31.7 | 18% |
| 2023 | 146,237 | 228,684 | −82,447 | -35.3 | 20% |
| 2024 | 177,276 | 270,196 | −92,920 | -34.0 | 17% |
In its most recent public year (2024), this organization spent $92,920 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-34 months), down from -5.8 in 2011. Staff pay was 17% 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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