Summit Homes For Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 68,106 | 53,466 | 14,640 | -2.2 | 0% |
| 2013 | 36,896 | 53,795 | −16,899 | -6.0 | 0% |
| 2014 | 38,209 | 56,131 | −17,922 | -9.5 | 0% |
| 2015 | 39,015 | 57,261 | −18,246 | -13.2 | 0% |
| 2016 | 41,759 | 59,249 | −17,490 | -16.3 | 0% |
| 2017 | 44,551 | 61,764 | −17,213 | -19.0 | 0% |
| 2018 | 41,979 | 65,039 | −23,060 | -22.3 | 0% |
| 2019 | 45,973 | 69,546 | −23,573 | -24.9 | 0% |
| 2020 | 47,797 | 69,906 | −22,109 | -28.6 | 0% |
| 2021 | 57,687 | 69,566 | −11,879 | -30.7 | 0% |
| 2022 | 58,527 | 72,866 | −14,339 | -30.9 | 0% |
| 2023 | 58,226 | 72,196 | −13,970 | -30.8 | 0% |
| 2024 | 60,738 | 83,328 | −22,590 | -29.9 | 0% |
In its most recent public year (2024), this organization spent $22,590 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-29.9 months), down from -2.2 in 2012. 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 2024. 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
Summit Homes For Elderly Inc's IRS filings as a feed — one entry per filing year, through 2024. 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