Venice Beach Property Owners Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 2,081,677 | 1,810,242 | 271,435 | 6.9 | 13% |
| 2021 | 2,073,939 | 2,149,436 | −75,497 | 5.4 | 10% |
| 2022 | 2,096,822 | 1,803,498 | 293,324 | 8.3 | 11% |
| 2023 | 2,103,474 | 2,144,791 | −41,317 | 6.8 | 13% |
In its most recent public year (2023), this organization spent $41,317 more than it brought in. Its reserves stood at about 6.8 months of spending. Staff pay was 13% 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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