Milan Housing For The Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 128,501 | 160,713 | −32,212 | -32.0 | — |
| 2013 | 133,658 | 168,969 | −35,311 | -32.9 | — |
| 2014 | 149,484 | 168,350 | −18,866 | -34.4 | — |
| 2015 | 152,382 | 159,033 | −6,651 | -36.9 | — |
| 2016 | 148,878 | 169,016 | −20,138 | -36.1 | — |
| 2017 | 152,142 | 165,206 | −13,064 | -37.3 | 12% |
| 2018 | 158,593 | 178,083 | −19,490 | -35.9 | 11% |
| 2019 | 168,839 | 176,360 | −7,521 | -36.8 | 11% |
| 2020 | 164,386 | 164,791 | −405 | -39.4 | 12% |
| 2021 | 171,374 | 158,035 | 13,339 | -40.1 | 12% |
| 2022 | 170,669 | 178,203 | −7,534 | -36.0 | 11% |
| 2023 | 183,485 | 181,427 | 2,058 | -35.3 | 0% |
In its most recent public year (2023), this organization brought in $2,058 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-35.3 months), down from -32 in 2012. Staff pay was 0% 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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