Southwyck Section I Homeowners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 246,342 | 327,262 | −80,920 | 1.3 | 0% |
| 2018 | 236,485 | 210,634 | 25,851 | 4.0 | 0% |
| 2019 | 238,637 | 190,457 | 48,180 | 7.5 | 0% |
| 2020 | 219,917 | 260,958 | −41,041 | 3.6 | 0% |
| 2021 | 235,341 | 258,561 | −23,220 | 2.5 | 0% |
| 2022 | 255,699 | 304,713 | −49,014 | 0.2 | 0% |
| 2023 | 236,390 | 239,217 | −2,827 | 0.1 | 0% |
In its most recent public year (2023), this organization spent $2,827 more than it brought in. Its reserves stood at about 0.1 months of spending, down from 1.3 in 2017. 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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