Nexus Recovery Center Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 9,220,642 | 9,966,320 | −745,678 | 8.3 | 55% |
| 2021 | 10,501,316 | 10,739,127 | −237,811 | 7.4 | 53% |
| 2022 | 15,327,628 | 11,878,572 | 3,449,056 | 10.2 | 52% |
| 2023 | 15,332,170 | 12,505,404 | 2,826,766 | 8.3 | 55% |
In its most recent public year (2023), this organization brought in $2,826,766 more than it spent. Its reserves stood at about 8.3 months of spending. Staff pay was 55% of spending. $3,532 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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