Center For Aging Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 26,221,202 | 23,499,077 | 2,722,125 | 8.2 | 38% |
| 2021 | 24,058,374 | 24,631,112 | −572,738 | 7.1 | 36% |
| 2022 | 25,636,418 | 28,685,935 | −3,049,517 | 1.6 | 35% |
| 2023 | 30,103,355 | 30,458,293 | −354,938 | 1.8 | 38% |
In its most recent public year (2023), this organization spent $354,938 more than it brought in. Its reserves stood at about 1.8 months of spending, down from 8.2 in 2020. Staff pay was 38% of spending. $2,248,169 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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