Hfl Palms Court
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 165,505 | 220,371 | −54,866 | -41.0 | 0% |
| 2012 | 163,325 | 220,168 | −56,843 | -44.1 | 0% |
| 2013 | 167,486 | 254,277 | −86,791 | -42.3 | 0% |
| 2014 | 176,576 | 245,372 | −68,796 | -47.2 | 0% |
| 2015 | 196,149 | 242,408 | −46,259 | -50.0 | 0% |
| 2016 | 196,544 | 270,596 | −74,052 | -48.1 | 0% |
| 2017 | 206,107 | 298,286 | −92,179 | -47.4 | 0% |
| 2018 | 220,867 | 283,247 | −62,380 | -52.5 | 0% |
| 2019 | 237,925 | 309,851 | −71,926 | -50.8 | 0% |
| 2020 | 251,869 | 320,039 | −68,170 | -51.7 | 0% |
| 2021 | 259,201 | 354,329 | −95,128 | -49.9 | 0% |
| 2022 | 272,866 | 374,302 | −101,436 | -50.5 | 0% |
| 2023 | 303,777 | 544,086 | −240,309 | -40.1 | 0% |
In its most recent public year (2023), this organization spent $240,309 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-40.1 months). 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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