Linc-Redondo Beach Seniors Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 1,981,561 | 1,391,757 | 589,804 | 3.7 | 9% |
| 2011 | 2,007,074 | 1,453,108 | 553,966 | 8.1 | 9% |
| 2012 | 2,149,399 | 1,489,855 | 659,544 | 13.2 | 9% |
| 2013 | 2,167,165 | 1,654,327 | 512,838 | 15.6 | 8% |
| 2014 | 2,154,715 | 2,286,829 | −132,114 | 10.3 | 6% |
| 2015 | 2,197,552 | 2,068,146 | 129,406 | 12.2 | 6% |
| 2016 | 2,263,277 | 1,746,266 | 517,011 | 18.0 | 8% |
| 2017 | 2,345,966 | 1,944,262 | 401,704 | 18.6 | 7% |
| 2018 | 2,359,948 | 1,930,667 | 429,281 | 21.4 | 7% |
| 2019 | 2,366,743 | 2,278,242 | 88,501 | 18.6 | 6% |
| 2020 | 2,359,654 | 2,408,043 | −48,389 | 17.4 | 7% |
| 2021 | 2,342,634 | 2,354,220 | −11,586 | 17.5 | 7% |
| 2022 | 2,552,170 | 2,583,410 | −31,240 | 15.8 | 8% |
| 2023 | 2,641,084 | 2,626,114 | 14,970 | 15.7 | 7% |
In its most recent public year (2023), this organization brought in $14,970 more than it spent. Its reserves stood at about 15.7 months of spending, up from 3.7 in 2010. Staff pay was 7% 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
Linc-Redondo Beach Seniors Inc'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