Morningstar Senior Living Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 18,647,870 | 17,961,113 | 686,757 | 7.9 | 43% |
| 2012 | 19,385,061 | 19,196,737 | 188,324 | 7.2 | 42% |
| 2013 | 20,401,168 | 21,040,323 | −639,155 | 6.2 | 40% |
| 2014 | 20,918,106 | 20,772,808 | 145,298 | 6.9 | 43% |
| 2015 | 20,914,072 | 20,928,711 | −14,639 | 6.2 | 44% |
| 2016 | 20,237,107 | 20,924,076 | −686,969 | 5.7 | 45% |
| 2017 | 22,023,389 | 24,087,227 | −2,063,838 | 4.0 | 40% |
| 2018 | 22,134,158 | 22,832,887 | −698,729 | 3.8 | 46% |
| 2019 | 23,085,907 | 24,214,548 | −1,128,641 | 1.9 | 45% |
| 2020 | 25,062,127 | 26,726,247 | −1,664,120 | 1.0 | 41% |
| 2021 | 28,200,378 | 28,544,972 | −344,594 | 1.4 | 40% |
| 2022 | 28,932,979 | 32,155,929 | −3,222,950 | -0.9 | 37% |
| 2023 | 30,560,952 | 34,794,173 | −4,233,221 | -2.2 | 38% |
In its most recent public year (2023), this organization spent $4,233,221 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.2 months), down from 7.9 in 2011. Staff pay was 38% 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
Morningstar Senior Living 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