Southern Mutual Financial Services Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2020 | $94,822 | $140,078 | −$45,256 | 56.0 | 23% |
| 2021 | $39,828 | $140,150 | −$100,322 | 47.4 | 23% |
| 2022 | −$2,318 | $127,725 | −$130,043 | 39.8 | — |
| 2023 | $36,051 | $100,455 | −$64,404 | 42.8 | — |
In its most recent public year (2023), this organization spent $64,404 more than it brought in. Its reserves stood at about 42.8 months of spending, down from 56 in 2020.
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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