Lake Havasu Association Of Realtors
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 709,127 | 574,937 | 134,190 | 19.7 | 32% |
| 2021 | 775,681 | 606,514 | 169,167 | 22.0 | 28% |
| 2022 | 855,485 | 690,699 | 164,786 | 22.2 | 27% |
| 2023 | 850,817 | 671,875 | 178,942 | 26.1 | 29% |
In its most recent public year (2023), this organization brought in $178,942 more than it spent. Its reserves stood at about 26.1 months of spending, up from 19.7 in 2020. Staff pay was 29% of spending. $410,000 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
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