Springpark Homeowners Association Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 237,589 | 194,647 | 42,942 | 31.2 | 0% |
| 2018 | 945,852 | 932,348 | 13,504 | 8.4 | 0% |
| 2019 | 945,802 | 863,128 | 82,674 | 10.2 | 0% |
| 2020 | 970,917 | 920,474 | 50,443 | 10.3 | 0% |
| 2021 | 1,009,735 | 946,349 | 63,386 | 10.8 | 21% |
| 2022 | 1,064,950 | 1,188,449 | −123,499 | 8.2 | 18% |
| 2023 | 1,173,889 | 1,116,697 | 57,192 | 9.2 | 23% |
In its most recent public year (2023), this organization brought in $57,192 more than it spent. Its reserves stood at about 9.2 months of spending, down from 31.2 in 2016. Staff pay was 23% of spending. $610,779 of its net assets are donor-restricted.
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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