Family Service Senior Housing Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 579,013 | 682,614 | −103,601 | 47.6 | 20% |
| 2021 | 595,479 | 838,562 | −243,083 | 35.3 | 18% |
| 2022 | 613,760 | 834,390 | −220,630 | 32.3 | 0% |
| 2023 | 715,771 | 735,199 | −19,428 | 36.4 | 0% |
In its most recent public year (2023), this organization spent $19,428 more than it brought in. Its reserves stood at about 36.4 months of spending, down from 47.6 in 2020. Staff pay was 0% of spending. $4,798,295 of its net assets are donor-restricted.
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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