Riverton Tower Senior Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 564,632 | 811,581 | −246,949 | 53.6 | 23% |
| 2019 | 1,542,599 | 1,745,705 | −203,106 | 23.5 | 24% |
| 2020 | 1,161,206 | 1,375,139 | −213,933 | 28.0 | 28% |
| 2021 | 1,322,036 | 1,382,887 | −60,851 | 27.3 | 28% |
| 2022 | 1,188,612 | 1,411,176 | −222,564 | 24.9 | 29% |
| 2023 | −988,015 | 1,437,659 | −2,425,674 | 4.2 | 47% |
In its most recent public year (2023), this organization spent $2,425,674 more than it brought in. Its reserves stood at about 4.2 months of spending, down from 53.6 in 2018. Staff pay was 47% 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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