Lifequest Nursing Center
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 12,175,752 | 11,788,385 | 387,367 | 1.1 | 34% |
| 2012 | 12,262,063 | 11,789,231 | 472,832 | 1.6 | 35% |
| 2013 | 11,804,217 | 12,088,366 | −284,149 | 1.2 | 33% |
| 2014 | 12,014,765 | 11,680,458 | 334,307 | 1.6 | 0% |
| 2015 | 12,302,347 | 11,996,610 | 305,737 | 1.9 | 33% |
| 2016 | 12,349,304 | 12,251,410 | 97,894 | 1.9 | 32% |
| 2017 | 12,401,844 | 12,447,084 | −45,240 | 1.9 | 33% |
| 2018 | 11,589,855 | 12,562,985 | −973,130 | 0.9 | 33% |
| 2019 | 11,571,126 | 11,721,959 | −150,833 | 0.8 | 32% |
| 2020 | 12,001,832 | 13,013,892 | −1,012,060 | -0.2 | 37% |
| 2021 | 12,048,630 | 16,482,953 | −4,434,323 | -3.4 | 31% |
| 2022 | 11,902,725 | 15,348,721 | −3,445,996 | -6.3 | 29% |
| 2023 | 14,714,687 | 17,512,065 | −2,797,378 | -7.4 | 24% |
In its most recent public year (2023), this organization spent $2,797,378 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-7.4 months), down from 1.1 in 2011. Staff pay was 24% 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
Lifequest Nursing Center'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