Local 79 Realty Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 0 | 0 | 0 | — | — |
| 2018 | 468,077 | 575,194 | −107,117 | -2.2 | 0% |
| 2019 | 478,956 | 1,003,100 | −524,144 | -7.6 | 0% |
| 2020 | 100,549 | 929,224 | −828,675 | -18.9 | 0% |
| 2021 | 720,002 | 910,977 | −190,975 | -21.7 | 0% |
| 2022 | 720,008 | 957,722 | −237,714 | -23.7 | 0% |
| 2023 | 720,006 | 946,912 | −226,906 | -26.8 | 0% |
In its most recent public year (2023), this organization spent $226,906 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-26.8 months). 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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