Spring Meadows Ii Senior Non-Profit Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 148,169 | 319,369 | −171,200 | -6.5 | 15% |
| 2012 | 217,110 | 276,632 | −59,522 | -10.1 | 25% |
| 2013 | 230,207 | 283,722 | −53,515 | -12.1 | 26% |
| 2014 | 261,087 | 314,854 | −53,767 | -13.0 | 28% |
| 2015 | 259,459 | 315,204 | −55,745 | -15.1 | 24% |
| 2016 | 298,835 | 324,917 | −26,082 | -15.6 | 25% |
| 2017 | 257,120 | 347,429 | −90,309 | -17.7 | 23% |
| 2018 | 257,565 | 329,558 | −71,993 | -21.3 | 22% |
| 2019 | 282,132 | 349,184 | −67,052 | -22.4 | 21% |
| 2020 | 268,267 | 354,545 | −86,278 | -25.0 | 25% |
| 2021 | 277,024 | 370,028 | −93,004 | -26.9 | 20% |
| 2022 | 294,265 | 405,361 | −111,096 | -27.9 | 19% |
| 2023 | 322,977 | 426,329 | −103,352 | -29.4 | 28% |
In its most recent public year (2023), this organization spent $103,352 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-29.4 months), down from -6.5 in 2011. Staff pay was 28% 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
Spring Meadows Ii Senior Non-Profit Housing Corporation'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