The Silvercrest Center For Nursing And Rehabilitation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 51,996,977 | 51,534,665 | 462,312 | 1.8 | 47% |
| 2012 | 52,984,216 | 52,297,618 | 686,598 | 1.9 | 48% |
| 2013 | 52,064,530 | 53,679,490 | −1,614,960 | 1.7 | 46% |
| 2014 | 51,545,674 | 52,907,723 | −1,362,049 | 1.5 | 46% |
| 2015 | 56,168,626 | 54,082,868 | 2,085,758 | 2.0 | 45% |
| 2016 | 55,913,036 | 56,769,754 | −856,718 | 1.8 | 44% |
| 2017 | 57,830,083 | 58,754,030 | −923,947 | 1.5 | 43% |
| 2018 | 58,651,625 | 64,985,771 | −6,334,146 | 0.0 | 40% |
| 2019 | 58,043,005 | 57,938,945 | 104,060 | -0.2 | 44% |
| 2020 | 55,737,910 | 65,044,122 | −9,306,212 | -1.9 | 43% |
| 2021 | 53,752,746 | 59,965,188 | −6,212,442 | -3.3 | 44% |
| 2022 | 61,828,176 | 66,657,993 | −4,829,817 | -3.9 | 42% |
| 2023 | 62,553,128 | 69,759,013 | −7,205,885 | -4.9 | 44% |
In its most recent public year (2023), this organization spent $7,205,885 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-4.9 months), down from 1.8 in 2011. Staff pay was 44% 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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