Loretto Adult Community Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 6,223,235 | 6,315,370 | −92,135 | -4.4 | 46% |
| 2011 | 6,648,574 | 6,701,726 | −53,152 | -3.8 | 45% |
| 2012 | 7,591,987 | 6,669,313 | 922,674 | -2.2 | 42% |
| 2013 | 7,992,067 | 6,932,547 | 1,059,520 | -0.2 | 44% |
| 2014 | 12,543,811 | 10,244,059 | 2,299,752 | 2.2 | 44% |
| 2015 | 12,462,501 | 10,648,265 | 1,814,236 | 4.1 | 44% |
| 2016 | 12,643,374 | 11,294,545 | 1,348,829 | 5.3 | 44% |
| 2017 | 13,206,491 | 11,853,641 | 1,352,850 | 6.4 | 44% |
| 2018 | 13,683,251 | 13,007,331 | 675,920 | 6.5 | 44% |
| 2019 | 13,511,838 | 13,453,120 | 58,718 | 2.2 | 45% |
| 2021 | 12,990,670 | 13,872,634 | −881,964 | 0.9 | 45% |
| 2022 | 12,045,990 | 15,006,560 | −2,960,570 | -0.8 | 47% |
| 2023 | 14,385,404 | 15,727,626 | −1,342,222 | -1.8 | 52% |
In its most recent public year (2023), this organization spent $1,342,222 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.8 months), up from -4.4 in 2010. Staff pay was 52% 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
Loretto Adult Community Inc'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