Snhs Farmington Elderly Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2021 | 341,749 | 410,654 | −68,905 | -38.3 | 20% |
| 2022 | 349,374 | 401,170 | −51,796 | -40.8 | 16% |
| 2023 | 368,367 | 387,975 | −19,608 | -42.8 | 19% |
| 2024 | 617,973 | 453,403 | 164,570 | -32.2 | 15% |
In its most recent public year (2024), this organization brought in $164,570 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-32.2 months), up from -38.3 in 2021. Staff pay was 15% 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 2024. 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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