Silvercrest Senior Housing Development Fund
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 618,650 | 928,375 | −309,725 | -3.2 | 33% |
| 2012 | 715,593 | 1,080,173 | −364,580 | -6.8 | 17% |
| 2013 | 722,826 | 1,094,601 | −371,775 | -10.8 | 13% |
| 2014 | 723,845 | 1,089,102 | −365,257 | -14.9 | 15% |
| 2015 | 721,978 | 1,114,593 | −392,615 | -18.8 | 16% |
| 2016 | 732,608 | 1,148,614 | −416,006 | -22.6 | 0% |
| 2017 | 745,945 | 1,139,560 | −393,615 | -22.7 | 0% |
| 2018 | 772,155 | 1,169,346 | −397,191 | -26.2 | 0% |
| 2019 | 773,158 | 1,181,513 | −408,355 | -30.1 | 0% |
| 2020 | 766,260 | 1,234,734 | −468,474 | -33.4 | 0% |
| 2021 | 794,472 | 1,344,087 | −549,615 | -35.6 | 0% |
| 2022 | 819,616 | 1,343,578 | −523,962 | -40.2 | 0% |
| 2023 | 861,846 | 1,365,999 | −504,153 | -44.0 | 0% |
In its most recent public year (2023), this organization spent $504,153 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-44 months), down from -3.2 in 2011. 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
Silvercrest Senior Housing Development Fund'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