Monterey Park Lions Club Senior Citizens Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,714,969 | 1,278,623 | 436,346 | 22.9 | 18% |
| 2021 | 1,533,070 | 1,322,468 | 210,602 | 24.0 | 20% |
| 2022 | 1,559,046 | 1,550,754 | 8,292 | 19.9 | 18% |
| 2023 | 1,750,461 | 1,680,494 | 69,967 | 19.2 | 17% |
In its most recent public year (2023), this organization brought in $69,967 more than it spent. Its reserves stood at about 19.2 months of spending, down from 22.9 in 2020. Staff pay was 17% 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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