Summerwood Community Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,279,409 | 2,158,163 | 121,246 | 3.0 | 0% |
| 2012 | 2,366,228 | 2,301,180 | 65,048 | 4.1 | 0% |
| 2013 | 3,033,603 | 2,836,199 | 197,404 | 4.2 | 0% |
| 2014 | 2,605,091 | 2,399,630 | 205,461 | 6.0 | 0% |
| 2016 | 2,622,815 | 2,762,913 | −140,098 | 6.2 | 0% |
| 2017 | 2,661,085 | 2,881,595 | −220,510 | 5.0 | 0% |
| 2018 | 2,821,212 | 2,995,654 | −174,442 | 4.1 | 0% |
| 2019 | 2,783,286 | 2,731,226 | 52,060 | 4.7 | 0% |
| 2020 | 2,963,711 | 2,545,412 | 418,299 | 7.5 | 0% |
| 2021 | 3,411,871 | 3,439,057 | −27,186 | 5.5 | 0% |
| 2022 | 3,500,993 | 3,834,136 | −333,143 | 3.8 | 0% |
| 2023 | 3,531,852 | 3,930,894 | −399,042 | 2.7 | 0% |
In its most recent public year (2023), this organization spent $399,042 more than it brought in. Its reserves stood at about 2.7 months of spending. Staff pay was 0% 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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