Annunciation Heights
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 70,728 | 462,676 | −391,948 | -10.2 | 30% |
| 2019 | 728,872 | 1,840,464 | −1,111,592 | -9.8 | 35% |
| 2020 | 587,226 | 1,818,308 | −1,231,082 | -18.0 | 9% |
| 2021 | 835,834 | 1,895,186 | −1,059,352 | -24.0 | 40% |
| 2022 | 1,513,319 | 2,499,638 | −986,319 | -22.9 | 40% |
| 2023 | 1,341,275 | 2,709,799 | −1,368,524 | -27.2 | 40% |
In its most recent public year (2023), this organization spent $1,368,524 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-27.2 months), down from -10.2 in 2018. Staff pay was 40% of spending. $117,874 of its net assets are donor-restricted.
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
Annunciation Heights's IRS filings as a feed — one entry per filing year, through 2023. 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