The Village At Morrisons Cove
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 13,028,801 | 12,615,284 | 413,517 | 10.0 | 47% |
| 2012 | 13,343,109 | 13,386,693 | −43,584 | 9.6 | 47% |
| 2013 | 13,896,767 | 13,997,233 | −100,466 | 9.3 | 49% |
| 2014 | 13,471,590 | 13,780,517 | −308,927 | 9.4 | 49% |
| 2015 | 12,935,944 | 12,973,468 | −37,524 | 9.9 | 49% |
| 2016 | 12,901,778 | 12,992,842 | −91,064 | 9.9 | 47% |
| 2017 | 13,039,158 | 13,352,283 | −313,125 | 9.6 | 46% |
| 2018 | 13,962,131 | 14,171,864 | −209,733 | 8.8 | 47% |
| 2019 | 14,722,309 | 15,492,356 | −770,047 | 7.7 | 46% |
| 2020 | 15,565,837 | 17,434,629 | −1,868,792 | 5.8 | 46% |
| 2021 | 16,798,642 | 15,792,591 | 1,006,051 | 7.3 | 44% |
| 2022 | 12,320,490 | 13,846,045 | −1,525,555 | 6.8 | 46% |
| 2023 | 13,897,446 | 14,414,974 | −517,528 | 6.4 | 45% |
In its most recent public year (2023), this organization spent $517,528 more than it brought in. Its reserves stood at about 6.4 months of spending, down from 10 in 2011. Staff pay was 45% of spending. $1,260,419 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
The Village At Morrisons Cove'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