Mount Desert Nursing Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,173,192 | 763,510 | 409,682 | 12.7 | 65% |
| 2021 | 986,839 | 833,731 | 153,108 | 13.7 | 61% |
| 2022 | 971,362 | 958,432 | 12,930 | 11.0 | 60% |
| 2023 | 1,041,544 | 1,061,155 | −19,611 | 10.3 | 67% |
In its most recent public year (2023), this organization spent $19,611 more than it brought in. Its reserves stood at about 10.3 months of spending, down from 12.7 in 2020. Staff pay was 67% of spending. $242,542 of its net assets are donor-restricted.
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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