St Meinrad Housing For The Elderly Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 98,686 | 97,668 | 1,018 | -26.8 | 21% |
| 2021 | 106,807 | 101,871 | 4,936 | -25.2 | 22% |
| 2022 | 104,114 | 97,628 | 6,486 | -25.5 | 20% |
| 2023 | 107,605 | 95,200 | 12,405 | -24.5 | 15% |
In its most recent public year (2023), this organization brought in $12,405 more than it spent. Its liabilities exceeded its net assets — reserves were below zero (-24.5 months), up from -26.8 in 2020. Staff pay was 15% 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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