Laradon Real Estate Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 229,167 | 509,353 | −280,186 | -6.6 | 0% |
| 2021 | 504,167 | 640,411 | −136,244 | -7.8 | 0% |
| 2022 | 550,000 | 533,768 | 16,232 | -9.0 | 0% |
| 2023 | 550,000 | 536,502 | 13,498 | -8.6 | 0% |
| 2024 | 550,000 | 536,977 | 13,023 | -8.4 | 0% |
In its most recent public year (2024), this organization brought in $13,023 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-8.4 months), down from -6.6 in 2020. 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 2024. 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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