Kendal At Hanover I
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 31,011,139 | 29,574,818 | 1,436,321 | 22.6 | 39% |
| 2021 | 31,489,711 | 29,908,755 | 1,580,956 | 25.7 | 39% |
| 2022 | 33,925,739 | 32,830,836 | 1,094,903 | 20.6 | 39% |
| 2023 | 39,576,456 | 36,223,085 | 3,353,371 | 21.5 | 39% |
In its most recent public year (2023), this organization brought in $3,353,371 more than it spent. Its reserves stood at about 21.5 months of spending, down from 22.6 in 2020. Staff pay was 39% of spending. $12,285,756 of its net assets are donor-restricted.
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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