Southland Development Authority Nfp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,958,226 | 2,040,932 | −82,706 | 0.4 | 1% |
| 2021 | 1,633,064 | 1,955,505 | −322,441 | -3.4 | 10% |
| 2022 | 2,417,391 | 1,862,904 | 554,487 | 0.0 | 4% |
| 2023 | 3,248,349 | 3,660,415 | −412,066 | -0.1 | 18% |
In its most recent public year (2023), this organization spent $412,066 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-0.1 months). Staff pay was 18% of spending. $785,710 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works