Mahnomen Area Assisted Living Center Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 332,486 | 516,669 | −184,183 | 7.2 | 0% |
| 2016 | 364,304 | 574,544 | −210,240 | 2.1 | 0% |
| 2017 | 374,212 | 577,675 | −203,463 | -2.1 | 0% |
| 2018 | 285,673 | 615,515 | −329,842 | -8.4 | 0% |
| 2019 | 412,669 | 591,490 | −178,821 | -12.4 | 0% |
| 2020 | 363,812 | 604,368 | −240,556 | -16.9 | 0% |
In its most recent public year (2020), this organization spent $240,556 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-16.9 months), down from 7.2 in 2015. 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 2020. 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
Mahnomen Area Assisted Living Center Inc's IRS filings as a feed — one entry per filing year, through 2020. 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