Ashville Senior Housing Association
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 179,887 | 193,136 | −13,249 | -39.4 | 4% |
| 2012 | 174,671 | 224,790 | −50,119 | -36.5 | 2% |
| 2013 | 205,991 | 252,271 | −46,280 | -34.8 | 1% |
| 2014 | 210,313 | 253,596 | −43,283 | -36.6 | 0% |
| 2015 | 219,521 | 263,200 | −43,679 | -37.3 | 0% |
| 2016 | 233,148 | 268,420 | −35,272 | -38.1 | 0% |
| 2017 | 245,232 | 279,504 | −34,272 | -38.1 | 0% |
| 2018 | 263,780 | 306,397 | −42,617 | -36.4 | 0% |
| 2019 | 268,143 | 295,395 | −27,252 | -38.9 | 0% |
| 2020 | 267,932 | 316,211 | −48,279 | -38.2 | 0% |
| 2021 | 270,015 | 333,955 | −63,940 | -38.4 | 0% |
| 2022 | 283,652 | 346,329 | −62,677 | -39.2 | 0% |
| 2023 | 280,458 | 352,205 | −71,747 | -41.0 | 0% |
In its most recent public year (2023), this organization spent $71,747 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-41 months), down from -39.4 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
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