everyledgerAn index of 679,731 U.S. nonprofits · computed from public IRS filings · current through 2024

Grand Ravine Senior Housing Inc

Detroit, MI / EIN 38-2317386 / Form 990 / latest filing 2023
Operating record · U.S. dollars
Fiscal yearRevenueExpensesNetReserve mo.Staff %
2012305,510301,4624,048-16.320%
2013272,710312,403−39,693-17.319%
2014298,264321,501−23,237-17.719%
2015302,661303,594−933-18.720%
2016308,084337,312−29,228-17.919%
2017307,430321,375−13,945-19.319%
2018314,817336,200−21,383-19.220%
2019319,828333,595−13,767-19.920%
2020330,253323,2457,008-20.224%
2021332,148323,7578,391-19.922%
2022349,870352,078−2,208-18.422%
2023362,999363,213−214-17.822%

In its most recent public year (2023), this organization spent $214 more than it brought in. Its liabilities exceeded its net assets — reserves were below zero (-17.8 months), down from -16.3 in 2012. Staff pay was 22% 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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