North Newton Retirement Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 53,937 | 43,817 | 10,120 | -3.2 | — |
| 2012 | 55,432 | 50,057 | 5,375 | -1.6 | — |
| 2013 | 70,752 | 48,445 | 22,307 | 3.9 | — |
| 2014 | 67,209 | 46,362 | 20,847 | 9.5 | — |
| 2015 | 60,501 | 46,025 | 14,476 | 13.3 | — |
| 2016 | 69,353 | 65,707 | 3,646 | 10.0 | — |
| 2017 | 59,738 | 62,913 | −3,175 | 9.8 | — |
| 2018 | 59,218 | 50,277 | 8,941 | 14.5 | — |
| 2019 | 62,316 | 65,392 | −3,076 | 10.6 | — |
| 2020 | 46,201 | 42,627 | 3,574 | 17.2 | — |
| 2021 | 45,747 | 39,652 | 6,095 | 20.3 | — |
| 2022 | 58,241 | 61,607 | −3,366 | 12.4 | — |
| 2023 | 47,785 | 44,866 | 2,919 | 17.8 | — |
In its most recent public year (2023), this organization brought in $2,919 more than it spent. Its reserves stood at about 17.8 months of spending, up from -3.2 in 2011.
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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