Shoreline Plaza Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 772,094 | 578,800 | 193,294 | -26.4 | 17% |
| 2021 | 797,199 | 606,510 | 190,689 | -21.4 | 18% |
| 2022 | 881,215 | 784,106 | 97,109 | -15.1 | 15% |
| 2023 | 883,352 | 690,802 | 192,550 | -13.8 | 18% |
In its most recent public year (2023), this organization brought in $192,550 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-13.8 months), up from -26.4 in 2020. Staff pay was 18% 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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