The Schulman And Schachne Institute For Nursing And Rehabilitation Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 62,719,757 | 84,494,477 | −21,774,720 | -41.0 | 46% |
| 2021 | 49,579,085 | 81,957,130 | −32,378,045 | -47.1 | 48% |
| 2022 | 55,209,550 | 93,257,921 | −38,048,371 | -46.2 | 38% |
| 2023 | 111,359,178 | 95,707,600 | 15,651,578 | -43.1 | 39% |
In its most recent public year (2023), this organization brought in $15,651,578 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-43.1 months), down from -41 in 2020. Staff pay was 39% 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
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