Centerlight Health System Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 1,886,388 | 1,676,425 | 209,963 | 108.7 | 0% |
| 2021 | 1,417,744 | 231,584 | 1,186,160 | 771.6 | 0% |
| 2022 | 2,077,485 | 923,083 | 1,154,402 | 126.8 | 28% |
| 2023 | 2,196,646 | 2,566,053 | −369,407 | 52.0 | 29% |
In its most recent public year (2023), this organization spent $369,407 more than it brought in. Its reserves stood at about 52 months of spending, down from 108.7 in 2020. Staff pay was 29% of spending. $10,932,106 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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