Mendham Area Senior Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 307,124 | 353,780 | −46,656 | 5.6 | 25% |
| 2012 | 316,328 | 354,170 | −37,842 | 4.4 | 27% |
| 2013 | 322,384 | 369,151 | −46,767 | 2.8 | 27% |
| 2014 | 326,641 | 343,805 | −17,164 | 2.4 | 28% |
| 2015 | 310,022 | 352,880 | −42,858 | 0.8 | 26% |
| 2016 | 332,885 | 343,305 | −10,420 | 0.3 | 27% |
| 2017 | 310,012 | 351,863 | −41,851 | -1.0 | 27% |
| 2018 | 328,790 | 373,844 | −45,054 | -2.5 | 25% |
| 2019 | 326,829 | 372,887 | −46,058 | -3.8 | 24% |
| 2020 | 299,980 | 333,095 | −33,115 | -5.2 | 24% |
| 2021 | 322,804 | 389,171 | −66,367 | -6.6 | 24% |
| 2022 | 306,261 | 417,383 | −111,122 | -9.9 | 0% |
| 2023 | 362,520 | 395,536 | −33,016 | -11.4 | 23% |
In its most recent public year (2023), this organization spent $33,016 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-11.4 months), down from 5.6 in 2011. Staff pay was 23% of spending. $175,334 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
Mendham Area Senior Housing Corporation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works