Ridgewood Seniors Community Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 229,264 | 183,852 | 45,412 | 61.7 | 29% |
| 2012 | 222,709 | 240,058 | −17,349 | 46.4 | 34% |
| 2013 | 241,288 | 169,933 | 71,355 | 71.2 | 7% |
| 2014 | 204,880 | 204,268 | 612 | 59.3 | 9% |
| 2015 | 239,290 | 222,646 | 16,644 | 55.8 | 12% |
| 2016 | 230,678 | 204,409 | 26,269 | 62.5 | 10% |
| 2017 | 178,781 | 170,157 | 8,624 | 75.7 | 10% |
| 2018 | 190,430 | 202,038 | −11,608 | 62.4 | 10% |
| 2019 | 201,139 | 207,722 | −6,583 | 60.3 | 11% |
| 2020 | 191,106 | 140,707 | 50,399 | 93.4 | 14% |
| 2021 | 227,218 | 167,673 | 59,545 | 82.6 | 13% |
| 2022 | 237,799 | 185,620 | 52,179 | 78.0 | 15% |
| 2023 | 307,643 | 179,184 | 128,459 | 89.4 | 18% |
In its most recent public year (2023), this organization brought in $128,459 more than it spent. Its reserves stood at about 89.4 months of spending, up from 61.7 in 2011. Staff pay was 18% 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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