Jennings Center For Older Adults
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 32,073,535 | 29,800,100 | 2,273,435 | 8.3 | 45% |
| 2021 | 33,313,522 | 29,671,263 | 3,642,259 | 10.0 | 44% |
| 2022 | 33,416,187 | 34,027,556 | −611,369 | 7.6 | 40% |
| 2023 | 33,574,874 | 34,089,530 | −514,656 | 8.1 | 44% |
In its most recent public year (2023), this organization spent $514,656 more than it brought in. Its reserves stood at about 8.1 months of spending. Staff pay was 44% of spending. $798,932 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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