Meadowbrook Village Christian Retirement Community
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 8,965,764 | 10,638,271 | −1,672,507 | 6.4 | 27% |
| 2021 | 9,850,331 | 10,885,704 | −1,035,373 | 5.8 | 29% |
| 2022 | 10,740,685 | 11,308,787 | −568,102 | 3.8 | 32% |
| 2023 | 10,786,005 | 11,564,757 | −778,752 | 3.9 | 33% |
In its most recent public year (2023), this organization spent $778,752 more than it brought in. Its reserves stood at about 3.9 months of spending, down from 6.4 in 2020. Staff pay was 33% 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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