598 Building Association Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 133,755 | 130,362 | 3,393 | 140.7 | 0% |
| 2012 | 134,432 | 138,312 | −3,880 | 132.2 | 0% |
| 2013 | 133,257 | 223,612 | −90,355 | 82.4 | 0% |
| 2014 | 133,184 | 137,695 | −4,511 | 133.4 | 0% |
| 2015 | 133,171 | 155,811 | −22,640 | 116.2 | 0% |
| 2016 | 133,142 | 183,043 | −49,901 | 95.6 | 0% |
| 2017 | 132,461 | 181,678 | −49,217 | 93.1 | 0% |
| 2018 | 449,652 | 324,089 | 125,563 | 56.8 | 0% |
| 2019 | 409,809 | 617,212 | −207,403 | 25.8 | 0% |
| 2020 | 409,392 | 554,088 | −144,696 | 25.6 | 0% |
| 2021 | 385,544 | 533,223 | −147,679 | 23.3 | 0% |
| 2022 | 385,996 | 544,803 | −158,807 | 19.3 | 0% |
| 2023 | 393,007 | 544,896 | −151,889 | 15.9 | 0% |
In its most recent public year (2023), this organization spent $151,889 more than it brought in. Its reserves stood at about 15.9 months of spending, down from 140.7 in 2011. 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 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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