Geriatric Services Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 3,152,845 | 2,894,412 | 258,433 | 8.2 | 52% |
| 2021 | 5,658,463 | 2,910,338 | 2,748,125 | 20.1 | 57% |
| 2022 | 4,268,218 | 3,570,215 | 698,003 | 18.1 | 57% |
| 2023 | 4,138,766 | 3,930,802 | 207,964 | 17.2 | 55% |
In its most recent public year (2023), this organization brought in $207,964 more than it spent. Its reserves stood at about 17.2 months of spending, up from 8.2 in 2020. Staff pay was 55% of spending. $1,099,823 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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