Palmer Park Seniors Housing Inc
| Year | Money in | Money out | Result | Reserve mo. | Staffing |
|---|---|---|---|---|---|
| 2021 | $692,251 | $808,428 | −$116,177 | 53.1 | 12% |
| 2022 | $666,160 | $818,578 | −$152,418 | 50.2 | 13% |
| 2023 | $664,423 | $840,318 | −$175,895 | 46.4 | 12% |
In its most recent public year (2023), this organization spent $175,895 more than it brought in. Its reserves stood at about 46.4 months of spending, down from 53.1 in 2021. Staff pay was 12% 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 ↗
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