Townsend Elderly Residences Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 592,663 | 640,070 | −47,407 | -18.0 | 0% |
| 2012 | 590,112 | 640,311 | −50,199 | -18.9 | 0% |
| 2013 | 593,053 | 783,903 | −190,850 | -18.3 | 0% |
| 2014 | 600,961 | 725,577 | −124,616 | -21.9 | 0% |
| 2015 | 634,009 | 641,654 | −7,645 | -24.9 | 0% |
| 2016 | 608,312 | 621,307 | −12,995 | -26.0 | 0% |
| 2017 | 623,433 | 646,263 | −22,830 | -25.4 | 0% |
| 2018 | 631,407 | 639,957 | −8,550 | -25.8 | 0% |
| 2019 | 648,919 | 652,214 | −3,295 | -25.4 | 0% |
| 2020 | 649,759 | 643,268 | 6,491 | -25.6 | 0% |
| 2021 | 674,633 | 667,065 | 7,568 | -24.5 | 0% |
| 2022 | 664,847 | 696,340 | −31,493 | -24.1 | 0% |
| 2023 | 724,719 | 676,350 | 48,369 | -23.9 | 0% |
In its most recent public year (2023), this organization brought in $48,369 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-23.9 months), down from -18 in 2011. Staff pay was 0% 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
Townsend Elderly Residences 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