Lutheran Home - Forsyth County Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 1 | 1 | 0 | 0.0 | 0% |
| 2013 | 1 | 1 | 0 | 0.0 | 0% |
| 2014 | 729,721 | 566,653 | 163,068 | 3.5 | 68% |
| 2015 | 6,101,305 | 6,646,627 | −545,322 | -0.7 | 44% |
| 2016 | 9,183,181 | 8,706,811 | 476,370 | 0.1 | 46% |
| 2017 | 9,130,633 | 9,429,192 | −298,559 | -0.3 | 44% |
| 2018 | 9,590,850 | 9,572,242 | 18,608 | -0.3 | 44% |
| 2019 | 9,929,116 | 9,741,220 | 187,896 | -0.1 | 46% |
| 2020 | 10,120,228 | 9,951,426 | 168,802 | 0.1 | 50% |
| 2021 | 11,789,990 | 10,076,580 | 1,713,410 | 2.2 | 44% |
| 2022 | 12,656,051 | 10,009,714 | 2,646,337 | 5.4 | 47% |
| 2023 | 11,129,058 | 10,268,577 | 860,481 | 6.2 | 47% |
In its most recent public year (2023), this organization brought in $860,481 more than it spent. Its reserves stood at about 6.2 months of spending, up from 0 in 2012. Staff pay was 47% of spending. $3,318 of its net assets are donor-restricted.
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
Lutheran Home - Forsyth County Inc'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