Building Owners And Managers Association Of Seattle
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,416,138 | 1,273,822 | 142,316 | 8.1 | 41% |
| 2021 | 1,499,763 | 1,397,759 | 102,004 | 8.2 | 37% |
| 2022 | 1,495,129 | 1,462,065 | 33,064 | 8.1 | 37% |
| 2023 | 1,618,380 | 1,651,289 | −32,909 | 7.0 | 35% |
In its most recent public year (2023), this organization spent $32,909 more than it brought in. Its reserves stood at about 7 months of spending, down from 8.1 in 2020. Staff pay was 35% of spending. $11,430 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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