Verde Lakes Water Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 235,817 | 245,442 | −9,625 | 23.4 | 47% |
| 2019 | 243,663 | 245,387 | −1,724 | 23.3 | 46% |
| 2021 | 241,402 | 271,214 | −29,812 | 20.2 | 42% |
| 2022 | 237,522 | 279,543 | −42,021 | 17.5 | 46% |
| 2023 | 255,401 | 356,755 | −101,354 | 10.8 | 41% |
In its most recent public year (2023), this organization spent $101,354 more than it brought in. Its reserves stood at about 10.8 months of spending, down from 23.4 in 2018. Staff pay was 41% 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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