Wells Nursing Home Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 7,165,918 | 7,765,140 | −599,222 | 10.1 | 58% |
| 2012 | 7,072,260 | 7,593,883 | −521,623 | 10.0 | 58% |
| 2013 | 7,468,144 | 7,395,057 | 73,087 | 11.2 | 59% |
| 2014 | 7,480,091 | 7,592,208 | −112,117 | 11.2 | 58% |
| 2015 | 7,543,093 | 7,345,986 | 197,107 | 11.5 | 60% |
| 2016 | 7,755,130 | 7,892,223 | −137,093 | 10.6 | 56% |
| 2017 | 8,006,241 | 8,125,534 | −119,293 | 10.6 | 56% |
| 2018 | 8,907,668 | 9,165,932 | −258,264 | 6.6 | 52% |
| 2019 | 8,288,166 | 9,492,173 | −1,204,007 | 4.7 | 53% |
| 2020 | 8,837,929 | 9,168,824 | −330,895 | 4.4 | 56% |
| 2021 | 7,513,024 | 8,584,582 | −1,071,558 | 2.2 | 63% |
| 2022 | 7,657,693 | 9,238,485 | −1,580,792 | 0.0 | 64% |
| 2023 | 9,897,806 | 10,890,333 | −992,527 | -1.1 | 58% |
In its most recent public year (2023), this organization spent $992,527 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.1 months), down from 10.1 in 2011. Staff pay was 58% of spending. $231,402 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
Wells Nursing Home Inc's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works