Craigside Retirement Residence
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 3,964,198 | 14,451,918 | −10,487,720 | -12.5 | 15% |
| 2012 | 9,595,151 | 18,321,468 | −8,726,317 | -15.5 | 18% |
| 2013 | 15,422,787 | 21,021,399 | −5,598,612 | -16.6 | 23% |
| 2014 | 20,227,969 | 19,829,147 | 398,822 | -17.4 | 28% |
| 2015 | 19,673,724 | 20,647,929 | −974,205 | -17.2 | 29% |
| 2016 | 8,817,599 | 21,398,105 | −12,580,506 | -24.4 | 30% |
| 2017 | 21,218,161 | 20,036,104 | 1,182,057 | -25.2 | 34% |
| 2018 | 21,563,928 | 23,077,296 | −1,513,368 | -22.3 | 33% |
| 2019 | 21,606,688 | 23,728,011 | −2,121,323 | -24.1 | 35% |
| 2020 | 23,066,258 | 23,877,909 | −811,651 | -25.6 | 39% |
| 2021 | 21,950,444 | 24,458,922 | −2,508,478 | -25.5 | 38% |
| 2022 | 23,543,885 | 25,121,344 | −1,577,459 | -23.3 | 37% |
| 2023 | 23,996,792 | 26,309,126 | −2,312,334 | -23.3 | 39% |
In its most recent public year (2023), this organization spent $2,312,334 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-23.3 months), down from -12.5 in 2011. Staff pay was 39% 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
Craigside Retirement Residence'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