Foundation For Excellence In Long Term Care
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 440,607 | 406,741 | 33,866 | 1.9 | 0% |
| 2016 | 402,996 | 443,724 | −40,728 | 0.6 | 0% |
| 2017 | 425,552 | 443,074 | −17,522 | 0.2 | 0% |
| 2018 | 412,864 | 385,652 | 27,212 | 1.0 | 0% |
| 2019 | 529,917 | 427,942 | 101,975 | 3.8 | 0% |
| 2020 | 97,431 | 126,424 | −28,993 | 10.1 | 0% |
| 2021 | 197,353 | 246,560 | −49,207 | 2.8 | 0% |
| 2022 | 438,025 | 483,620 | −45,595 | 0.3 | 0% |
| 2023 | 395,115 | 492,615 | −97,500 | -2.1 | 0% |
In its most recent public year (2023), this organization spent $97,500 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-2.1 months), down from 1.9 in 2015. 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
Foundation For Excellence In Long Term Care'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