Greengate Place Homeowners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 596,335 | 584,627 | 11,708 | 6.3 | 0% |
| 2021 | 585,891 | 516,074 | 69,817 | 8.7 | 0% |
| 2022 | 550,112 | 570,772 | −20,660 | 7.5 | 0% |
| 2023 | 564,264 | 590,072 | −25,808 | 6.7 | 0% |
In its most recent public year (2023), this organization spent $25,808 more than it brought in. Its reserves stood at about 6.7 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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