everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Grace Place Retirement Community Inc

Memphis, TN / EIN 27-0263021 / Form 990 / latest filing 2024
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2009000
2010000
2012000
2013000
2014152,512229,255−76,743-7.40%
2015266,825301,163−34,338123.30%
2016269,562300,646−31,084120.70%
2017290,799349,215−58,416101.90%
2018287,678350,692−63,01499.30%
2019302,531376,384−73,85390.10%
2020305,022400,402−95,38081.90%
2021302,140360,175−58,03589.10%
2022335,078389,560−54,48280.50%
2023359,657419,166−59,50973.116%
2024370,053425,218−55,16570.518%

In its most recent public year (2024), this organization spent $55,165 more than it brought in. Its reserves stood at about 70.5 months of spending. Staff pay was 18% 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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