550 Corporate Center Investment Group Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 1,820,484 | 0 | 1,820,484 | — | — |
| 2020 | 654,147 | 0 | 654,147 | — | — |
| 2021 | 9,348,795 | 8,444,080 | 904,715 | 76.4 | 3% |
| 2022 | 8,839,467 | 8,173,302 | 666,165 | 57.0 | 0% |
| 2023 | 8,252,272 | 8,667,930 | −415,658 | 7.3 | 4% |
In its most recent public year (2023), this organization spent $415,658 more than it brought in. Its reserves stood at about 7.3 months of spending. Staff pay was 4% 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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