Norwood Life Care Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 364,763 | 430,646 | −65,883 | 146.0 | 0% |
| 2012 | 327,611 | 429,315 | −101,704 | 145.6 | 0% |
| 2013 | 792,326 | 739,039 | 53,287 | 91.6 | 0% |
| 2014 | 447,298 | 691,688 | −244,390 | 93.2 | 0% |
| 2015 | 407,696 | 936,752 | −529,056 | 57.8 | 0% |
| 2016 | 304,633 | 1,632,299 | −1,327,666 | 22.9 | 0% |
| 2017 | 354,935 | 3,505,133 | −3,150,198 | 72.7 | 0% |
| 2018 | 954,489 | 146,327 | 808,162 | 1763.2 | 37% |
| 2019 | 902,221 | 357,943 | 544,278 | 750.5 | 41% |
| 2020 | 1,008,268 | 390,564 | 617,704 | 678.2 | 42% |
| 2021 | 1,060,669 | 312,595 | 748,074 | 843.4 | 44% |
| 2022 | 875,451 | 435,790 | 439,661 | 514.2 | 36% |
| 2023 | 840,635 | 392,996 | 447,639 | 585.9 | 43% |
In its most recent public year (2023), this organization brought in $447,639 more than it spent. Its reserves stood at about 585.9 months of spending, up from 146 in 2011. Staff pay was 43% 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
Norwood Life Care Foundation'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