Mid Coast Geriatric Services Corp
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 10,919,139 | 10,452,148 | 466,991 | 8.3 | 50% |
| 2021 | 9,510,615 | 10,818,188 | −1,307,573 | 6.6 | 51% |
| 2022 | 10,991,693 | 13,948,584 | −2,956,891 | 2.5 | 44% |
| 2023 | 12,391,866 | 13,458,326 | −1,066,460 | 1.5 | 45% |
In its most recent public year (2023), this organization spent $1,066,460 more than it brought in. Its reserves stood at about 1.5 months of spending, down from 8.3 in 2020. Staff pay was 45% of spending. $2,162,572 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works