Hebrew Old Age Center Of Atlantic City
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,675,280 | 13,890,235 | −214,955 | -1.7 | 43% |
| 2012 | 14,303,347 | 15,217,493 | −914,146 | -2.2 | 42% |
| 2013 | 14,813,881 | 14,741,034 | 72,847 | -2.3 | 43% |
| 2014 | 14,761,224 | 14,700,918 | 60,306 | -2.3 | 42% |
| 2015 | 14,292,442 | 14,270,730 | 21,712 | -2.4 | 42% |
| 2016 | 14,461,227 | 14,464,689 | −3,462 | -2.3 | 43% |
| 2017 | 14,486,888 | 16,360,040 | −1,873,152 | -3.4 | 39% |
| 2018 | 15,028,588 | 15,628,638 | −600,050 | -4.1 | 44% |
| 2019 | 15,373,039 | 15,843,479 | −470,440 | -4.3 | 45% |
| 2020 | 15,151,547 | 16,182,549 | −1,031,002 | -5.4 | 49% |
| 2021 | 15,088,221 | 15,061,198 | 27,023 | -5.8 | 47% |
| 2022 | 13,719,443 | 16,367,625 | −2,648,182 | -7.3 | 50% |
| 2023 | 18,663,892 | 18,585,078 | 78,814 | -6.4 | 59% |
In its most recent public year (2023), this organization brought in $78,814 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-6.4 months), down from -1.7 in 2011. Staff pay was 59% 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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