everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Monticello Homes For Elderly Inc

Morristown, TN / EIN 20-4420636 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
201256,46784,052−27,585-6.40%
201357,65089,124−31,474-10.30%
201458,28988,092−29,803-14.40%
201557,28188,835−31,554-18.60%
201662,06188,584−26,523-22.20%
201764,07996,295−32,216-24.50%
201869,73593,473−23,738-28.30%
201973,151101,681−28,530-29.30%
202069,32297,269−27,947-34.10%
202176,683103,607−26,924-35.20%
202277,587106,517−28,930-37.50%
202377,184112,639−35,455-39.20%
202475,279130,530−55,251-38.90%

In its most recent public year (2024), this organization spent $55,251 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-38.9 months), down from -6.4 in 2012. 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 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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