Hegemon Crest Senior Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 554,893 | 472,908 | 81,985 | -17.7 | 0% |
| 2021 | 396,436 | 543,998 | −147,562 | -18.6 | 0% |
| 2022 | 387,535 | 608,277 | −220,742 | -21.0 | 0% |
| 2023 | 425,694 | 597,746 | −172,052 | -24.9 | 0% |
In its most recent public year (2023), this organization spent $172,052 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-24.9 months), down from -17.7 in 2020. 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 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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