Flint Retirement Homes Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 427,918 | 446,120 | −18,202 | 9.3 | 15% |
| 2012 | 466,633 | 445,025 | 21,608 | 9.9 | 22% |
| 2013 | 523,585 | 493,723 | 29,862 | 10.5 | 21% |
| 2014 | 532,266 | 554,054 | −21,788 | 8.9 | 18% |
| 2015 | 581,483 | 545,564 | 35,919 | 9.8 | 12% |
| 2016 | 583,461 | 494,047 | 89,414 | 13.0 | 12% |
| 2017 | 614,742 | 542,089 | 72,653 | 13.8 | 10% |
| 2018 | 605,931 | 534,789 | 71,142 | 14.3 | 11% |
| 2019 | 599,318 | 564,739 | 34,579 | 14.5 | 10% |
| 2020 | 525,401 | 544,712 | −19,311 | 15.3 | 11% |
| 2021 | 538,064 | 437,075 | 100,989 | 18.8 | 13% |
| 2022 | 535,261 | 489,639 | 45,622 | 17.9 | 12% |
| 2023 | 572,499 | 500,503 | 71,996 | 19.2 | 12% |
In its most recent public year (2023), this organization brought in $71,996 more than it spent. Its reserves stood at about 19.2 months of spending, up from 9.3 in 2011. Staff pay was 12% 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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