Glendale Senior Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 222,650 | 271,686 | −49,036 | -17.4 | 11% |
| 2012 | 230,172 | 286,156 | −55,984 | -18.9 | 15% |
| 2013 | 235,707 | 299,188 | −63,481 | -20.6 | 16% |
| 2014 | 249,113 | 306,775 | −57,662 | -22.4 | 13% |
| 2015 | 255,121 | 360,621 | −105,500 | -22.5 | 16% |
| 2016 | 272,428 | 370,388 | −97,960 | -25.1 | 15% |
| 2017 | 287,261 | 338,275 | −51,014 | -29.3 | 13% |
| 2018 | 294,269 | 332,025 | −37,756 | -31.2 | 10% |
| 2019 | 284,741 | 363,844 | −79,103 | -31.1 | 5% |
| 2020 | 379,125 | 353,427 | 25,698 | -31.2 | 5% |
| 2021 | 305,592 | 355,204 | −49,612 | -32.7 | 5% |
| 2022 | 303,678 | 398,441 | −94,763 | -32.0 | 9% |
| 2023 | 301,358 | 420,561 | −119,203 | -33.7 | 10% |
In its most recent public year (2023), this organization spent $119,203 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-33.7 months), down from -17.4 in 2011. Staff pay was 10% 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
Glendale Senior Housing Corporation'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