Spectrum Living Solutions Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 85,545 | 83,626 | 1,919 | 0.3 | — |
| 2018 | 348,500 | 196,291 | 152,209 | 9.4 | 0% |
| 2019 | 157,480 | 283,299 | −125,819 | 1.2 | — |
| 2020 | 393,469 | 422,941 | −29,472 | 1.0 | 30% |
| 2021 | 832,091 | 959,241 | −127,150 | -1.2 | 60% |
| 2022 | 887,334 | 788,711 | 98,623 | 0.2 | 76% |
| 2023 | 654,260 | 777,773 | −123,513 | -1.7 | 61% |
| 2024 | 800,860 | 823,443 | −22,583 | -1.9 | 61% |
In its most recent public year (2024), this organization spent $22,583 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.9 months), down from 0.3 in 2017. Staff pay was 61% 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 2024. 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
Spectrum Living Solutions Inc's IRS filings as a feed — one entry per filing year, through 2024. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works