Independence Park Senior Housing Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 157,405 | 230,099 | −72,694 | -17.4 | 12% |
| 2012 | 146,527 | 239,796 | −93,269 | -21.4 | 12% |
| 2013 | 147,513 | 236,846 | −89,333 | -26.2 | 14% |
| 2014 | 145,409 | 245,184 | −99,775 | -30.2 | 13% |
| 2015 | 162,587 | 260,840 | −98,253 | -32.9 | 14% |
| 2016 | 172,539 | 270,471 | −97,932 | -36.1 | 13% |
| 2017 | 172,595 | 268,625 | −96,030 | -40.6 | 14% |
| 2018 | 181,872 | 276,994 | −95,122 | -43.5 | 13% |
| 2019 | 187,486 | 270,550 | −83,064 | -48.2 | 12% |
| 2020 | 189,081 | 287,389 | −98,308 | -49.5 | 14% |
| 2021 | 210,030 | 295,768 | −85,738 | -51.6 | 14% |
| 2022 | 212,672 | 304,095 | −91,423 | -53.8 | 14% |
| 2023 | 237,359 | 315,811 | −78,452 | -54.8 | 14% |
| 2024 | 231,977 | 327,550 | −95,573 | -56.3 | 14% |
In its most recent public year (2024), this organization spent $95,573 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-56.3 months), down from -17.4 in 2011. Staff pay was 14% 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
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