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

Richfield Senior Housing Inc

Richfield, MN / EIN 31-1626065 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
20113,783,5514,028,741−245,190-12.924%
20123,835,0884,121,794−286,706-13.324%
20134,232,3534,335,232−102,879-13.026%
20144,223,6254,282,484−58,859-12.524%
20154,268,8795,350,002−1,081,123-12.222%
20164,609,0834,633,501−24,418-14.634%
20175,384,9535,060,029324,924-13.135%
20185,321,9155,062,206259,709-11.636%
20195,020,4314,830,462189,969-11.833%
20205,282,8515,470,960−188,109-9.232%
20214,931,3924,944,064−12,672-10.334%
20224,454,3535,099,480−645,127-9.534%
20234,822,2805,226,130−403,850-9.136%

In its most recent public year (2023), this organization spent $403,850 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-9.1 months), up from -12.9 in 2011. Staff pay was 36% 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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