Monroe Senior Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 94,923 | 89,436 | 5,487 | 2.3 | 0% |
| 2021 | 96,513 | 103,976 | −7,463 | 1.1 | 0% |
| 2022 | 94,940 | 103,750 | −8,810 | 0.1 | 0% |
| 2023 | 98,354 | 116,008 | −17,654 | -1.8 | 0% |
In its most recent public year (2023), this organization spent $17,654 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-1.8 months), down from 2.3 in 2020. Staff pay was 0% 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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