Springshire Retirement Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 0 | 1,150,710 | −1,150,710 | -52.2 | 0% |
| 2012 | 0 | 1,317,860 | −1,317,860 | -57.5 | 0% |
| 2013 | 0 | 1,512,514 | −1,512,514 | -62.1 | 0% |
| 2014 | 0 | 1,745,102 | −1,745,102 | -65.9 | 0% |
| 2015 | 12,860 | 2,311 | 10,549 | -31937.0 | 0% |
| 2016 | 0 | 3,580 | −3,580 | -20628.3 | 0% |
| 2017 | 0 | 5,237 | −5,237 | -14113.5 | 0% |
| 2018 | 0 | 1,190,808 | −1,190,808 | -101.7 | 0% |
| 2019 | 0 | 925,929 | −925,929 | -142.7 | 29% |
| 2020 | 15,617 | 2,262,518 | −2,246,901 | -103.9 | 0% |
| 2021 | 8,880,419 | 2,022 | 8,878,397 | -63600.5 | 0% |
| 2022 | 13,138 | 2,022 | 11,116 | -63534.5 | 0% |
In its most recent public year (2022), this organization brought in $11,116 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-63534.5 months), down from -52.2 in 2011. Staff pay was 0% 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 2022. 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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