South Pointe Phase Ii Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 162,075 | 248,511 | −86,436 | -40.8 | 15% |
| 2022 | 166,716 | 297,361 | −130,645 | -39.4 | 14% |
| 2023 | 203,738 | 308,996 | −105,258 | -42.0 | 13% |
| 2024 | 228,632 | 340,803 | −112,171 | -42.0 | 15% |
In its most recent public year (2024), this organization spent $112,171 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-42 months), down from -40.8 in 2021. Staff pay was 15% 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works