Lake Orion Nursing Center Corporation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 10,902,821 | 9,774,430 | 1,128,391 | 13.6 | 54% |
| 2010 | 11,005,744 | 10,054,113 | 951,631 | 14.4 | 53% |
| 2011 | 11,822,343 | 10,230,891 | 1,591,452 | 16.0 | 55% |
| 2012 | 11,198,486 | 10,315,722 | 882,764 | 16.9 | 54% |
| 2013 | 11,584,639 | 10,444,828 | 1,139,811 | 18.0 | 54% |
| 2016 | 12,248,599 | 11,664,392 | 584,207 | 19.1 | 51% |
| 2017 | 12,311,396 | 11,405,889 | 905,507 | 20.5 | 53% |
| 2018 | 12,251,720 | 11,724,784 | 526,936 | 20.5 | 53% |
| 2019 | 13,042,020 | 12,404,948 | 637,072 | 20.0 | 51% |
| 2021 | 12,585,987 | 11,576,339 | 1,009,648 | 22.8 | 53% |
| 2022 | 9,754,308 | 11,068,913 | −1,314,605 | 22.4 | 55% |
| 2023 | 9,992,528 | 11,070,252 | −1,077,724 | 21.2 | 56% |
In its most recent public year (2023), this organization spent $1,077,724 more than it brought in. Its reserves stood at about 21.2 months of spending, up from 13.6 in 2009. Staff pay was 56% 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
Lake Orion Nursing Center Corporation'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