Lower Polk Neighbors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 510,451 | 157,548 | 352,903 | 61.4 | 0% |
| 2017 | 502,486 | 157,927 | 344,559 | 87.4 | 0% |
| 2018 | 3,647 | 30,718 | −27,071 | 438.8 | 0% |
| 2019 | 1,586 | 115,967 | −114,381 | 104.4 | 0% |
| 2020 | 220 | 60,791 | −60,571 | 187.2 | 0% |
| 2021 | 3,461 | 76,368 | −72,907 | 137.6 | 0% |
| 2022 | 177 | 219,203 | −219,026 | 35.9 | 0% |
| 2023 | 23,740 | 36,827 | −13,087 | 209.6 | 0% |
In its most recent public year (2023), this organization spent $13,087 more than it brought in. Its reserves stood at about 209.6 months of spending, up from 61.4 in 2016. 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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